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Rousseff says Brazil can avoid credit downgrade - TV interview

Published 28/10/2014, 22:08
© Reuters Brazil's President and Workers' Party presidential candidate Rousseff celebrates after the disclosure of election results, in Brasilia

BRASILIA (Reuters) - President Dilma Rousseff said on Tuesday that Brazil can recover economically and avoid a credit ratings downgrade in her second term.

In an interview with the Bandeirantes television network two days after she was re-elected by a narrow margin, Rousseff said

Brazil can avoid a downgrade. She did not detail policy changes that she plans to make.

© Reuters. Brazil's President and Workers' Party presidential candidate Rousseff celebrates after the disclosure of election results, in Brasilia

Two months ago Moody's Investors Service threatened to downgrade Brazil if the country's next administration did not tighten fiscal policy and economic growth remained slow.

(Reporting by Anthony Boadle; Editing by Steve Orlofsky)

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