IMF says change at Finance Ministry will not change policy

05/04/2006 - 17h03

Edla Lula
Reporter - Agência Brasil

Brasília - The director of the Western Hemisphere department at the International Monetary Fund, Anoop Singh, says that with Guido Mantega now heading the Brazilian Ministry of Finance, there will be no change in the relationship between the IMF and Brazil. "The economy is vigorous, the indicators are strong and everything points to further GDP growth and lower levels of inflation," he declared.

Singh was in Brazil for the annual meeting of the Interamerican Development Bank which took place in Belo Horizonte. Singh made a "courtesy visit" to the new minister, Mantega, and discussed the next IMF meeting which takes place later this month in Washington.

Translation: Allen Bennett