Brazil to overcome crises stey by step: official

Xinhua News Agency

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Brazil will overcome its current political and economic crises step by step and the government is not planning to announce a large package of measures to tackle them, a Brazilian official said on Wednesday.

"It is not time for packages anymore, there is nothing bombastic to be done," said Brazil's chief of staff Jaques Wagner, who is the most senior member of President Dilma Rousseff's cabinet and heads negotiations with the parliament.

"We will keep seeking to restore macroeconomic and fiscal balance, opening a path to growth," Wagner told a press conference.

Wagner said that the government aims to restore confidence among local businessmen and foreign investors in 2016, hoping this will boost employment.

He noted that 2015 ended on a better note than many people had expected, although the impeachment process against President Rousseff had begun.

Wagner hoped that the impeachment issue would soon be wrapped up.

Brazil's Chamber of Deputies last month authorized impeachment proceedings against Rousseff, who said no illegal actions could be attributed to her and dismissed the arguments in favor of impeachment as being "inconsistent."

Rousseff said she was confident to finish her presidential term.

Brazil's Supreme Court has ruled that the impeachment process should be continued but the Senate should review any decision made by the Chamber of Deputies.

The Brazilian parliament is currently in summer recess and will only review the impeachment issue in early February. Wagner believed the process has begun to lose steam and will be stopped soon.