In an informal meeting of the Brics - economic bloc formed by Brazil, Russia, India, China and South Africa - President Michel Temer said yesterday (4) that the growth path is being rebuilt in Brazil. "We are promoting a broad and sustainable fiscal adjustment," he said.

During the meeting held within the framework of the G20 Summit - group of the 20 largest economies in the world - Temer said the zero real growth in public spending will lead to a reduction of the debt of the Brazilian state and that "an ambitious structural reform agenda" it is underway in the country to raise the productivity of the economy.

"We will encourage investments in infrastructure, mainly through concessions," he said. "With the measures taken in recent months, there have trust signs of recovery in the Brazilian economy," he added.

At the meeting, the president said he was sure that, soon, the Brazilian economy will grow again, "for the benefit of Brazilian and global economy." Finally, Temer evaluated the emphasis on the theme of innovative economic growth during the Chinese presidency of the G20, as very timely.

"We live in a time of profound changes in production methods," he said. "Our challenge is to understand the meaning of this moment and find new sources of dynamism," he added.