Presidency of Castelo Branco
Brazilian governmental presidency (1964–1967) / From Wikipedia, the free encyclopedia
The presidency of Castelo Branco began on April 15, 1964, after Marshal Humberto de Alencar Castelo Branco won the 1964 presidential election, and ended on March 15, 1967, when Artur da Costa e Silva took office.[1]
His government occurred during Brazil's military dictatorship, whose main objectives were to break up the reformist nationalist ideals represented by the Brazilian Labor Party (PTB) and the João Goulart government's basic reform project. One of the first measures of his administration was the promulgation of Institutional Act Two, which abolished the multi-party system in Brazil and granted the President of the Republic powers to revoke the mandates of members of parliament and call indirect elections. In Brazilian foreign policy, he resorted to the United States for economic, political and military support. During his term, GDP grew by 12.6% (an average of 4.2%). Castelo Branco took over with inflation at 92.12% and handed over at 25.01%.[1][2][3]