Brazil's Finance Minister Guido Mantega said Friday that the country is recovering from the international financial crisis.
The Brazilian economy is currently growing with a rather fast pace of 4.5 to 5 percent, unlike many other countries, whose economies are still stagnating and in recession, the minister said.
He said emerging countries will recover faster than developed countries from the crisis.
Mantega said Brazil, at the G20 ministerial meeting in London Saturday, would defend the government's active role in the economy when the world's economic scenario has not stabilized.
At the meeting, Brazil would also propose to toughen regulations of the international financial system.
Brazil went into recession in the first quarter of 2009, but official predictions for the whole year's economy are optimistic./.