Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

July 10, 2002
PO-3248

STATEMENT OF SECRETARY PAUL O'NEILL FOLLOWING HIS MEETING WITH DR. ARMINIO FRAGA, GOVERNOR OF THE CENTRAL BANK OF BRAZIL

 

 

I welcomed the opportunity to have a full discussion of the economic situation and policy strategy in Brazil. I remain convinced that Governor Fraga and the Brazilian Government are pursuing sound, forward-looking policies that lay the basis for economic and financial stability. We are in full support of their efforts and intentions.