São Paulo, 8/25/2003 (Agência Brasil - ABr) - The country is ready for renewed growth and there are signs indicating that Brazil is on the way to a surge of development, says the president of the Central Bank, Henrique Meirelles.

According to Meirelles, positive results should appear by the last quarter of this year. He adds that in order for growth to be sustainable over the long-term, it will be fundamental to keep inflation down. Meirelles also said that there have to be safe investment opportunities. Finally, Meirelles said the reform bills now in congress were very important for improving government finances and strengthening domestic savings. (AB)