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Brazilian president's approval rate soars to 80%
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11:34, September 30, 2008

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Brazilian President Luiz Inacio Lula da Silva's approval rate soared to 80 percent in September, up from 72 percent in June, according to a CNI/Ibope study released on Monday.

The study shows that Lula's disapproval rate fell to 17 percent, from 24 percent in June.

The president's approval rate was higher in the poor northeastern region with 92 percent, and 87 percent among families with a monthly income of up to 415 reais (224 U.S. dollars).

Lula's lower approval rates were registered among families which have a monthly income of up to 4,150 reais (2,243 U.S. dollars) which is about ten times the minimum wage (56 percent) and among Brazilians with college education (66 percent).

While among families with an income higher than ten times the minimum wage, 49 percent favored the president.

Lula's administration also enjoy high approval rates.

As many as 69 percent of Brazilians considered it good or excellent in September, up from 58 percent in June.

It is the highest approval rate received by the Lula administration since 2003.

A total of 23 percent Brazilians considered the Lula administration regular, while 8 percent considered it bad or very bad.

According to Marco Antonio Guarita, CNI's institutional relations director, the government's high approval rates were due to the good performance of the economy, the recent decrease of the inflation rate and the people's expectations about the new pre-salt oil reserves.

He added that the Brazilian economy has yet to undergo the ill effects of the international financial crisis.

"The crisis is huge, the population's knowledge of the crisis is expanding, but it does not have any impact on the government's evaluation of the economy," Garcia said.

Source: Xinhua



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