CCTV.com - CNTV English - CCTV News

Brazil to prioritize social programs in 2012

12-28-2011 11:31 BJT

RIO DE JANEIRO, Dec. 27 (Xinhua) -- Brazilian President Dilma Rousseff said Tuesday the government would prioritize social programs in 2012, a day after the South American country overtook Britain as the world's sixth-largest economy.

The government would "consolidate the Brazilian model" in the coming year, Rousseff wrote in a weekly column published by several local dailies.

"The most important thing is that we ended the year without giving up the fundamental principles for the country: economic growth and wealth distribution. This is the path to prosperity," she said.

The London-based research group Center for Economics and Business Research (CEBR) said Monday that the Brazilian gross domestic product (GDP) this year would stand at 2.4 trillion U.S. dollars, after that of the United States, China, Japan, Germany and France, the world's five largest economies.

The Brazilian economy grew 7.5 percent in 2010, but the growth predictions are less than half of that for this year, Finance Minister Guido Mantega said.

The country's exports from January to the end of last week reached a record high of 250.30 billion U.S. dollars, up 24 percent from the same period last year, according to statistics released by Brazil's Development, Industry and Trade Ministry on Monday.

Rousseff also said she was confident about next year as "Brazil will keep on growing with stability and reducing inequality."

Editor:Zhang Hao |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program