At a time of recession, a massive corruption scandal and political instability, Rousseff yesterday said the shakeup would help put the world's seventh biggest economy and Latin America's biggest country back on track.
Brazil`s economy is heading for recession, the president is threatened with impeachment and a huge corruption scandal has engulfed the nation but Rio is riding a wave of confidence in its preparations to host the Olympics next year.
Re-elected President of Brazil, Dilma Rousseff appeared upbeat after her election victory, oozing with hope and enthusiasm, promising her countrymen all the much needed changes and reforms and vowed to become a “much better President” than she has been until now.
President Dilma Rousseff promised on Monday to make changes to her economic policies as she sought to build bridges with business leaders after narrowly winning re-election at the end of an acrimonious campaign.
Brazil has asked the International Monetary Fund to review the way it measures the nation's gross debt, saying the methodology inflates the indicator, according to a letter the government sent to the multilateral institution.