Haddad claims to have a positive scenario for the growth of the Brazilian economy

Economic challenge

Minister highlights the importance of joint work between the Three Powers

The favorable conditions for the growth of the Brazilian economy are highlighted in the speech of the Minister of Finance, Fernando Haddad, based on the commitment between the Three Powers and that there is “a lot of monetary fat to burn”. This Monday (6), he stated that the interest rate fell 1.5 percentage points, after a year of work, and remained at 12.25%.

The minister pointed out that the short-term challenge in Brazil, which requires care, is to put the commitment to cleaning up the house back on the agenda. Haddad then highlighted that the goal of fiscal results is not the responsibility of the Minister of Finance or the desire of the President of the Republic, but rather a partnership between the Powers. The Judiciary, the Legislature and the Executive, he added, need to understand the repercussions of their decisions.

Transparency in this process was also reiterated by the minister. The better informed society is, the better the quality of decisions and there will be fewer risks ahead, he said.

When commenting on the growth potential of the Brazilian economy, Haddad mentioned that, unlike most developing countries, such as African and South American nations, which are heavily indebted, the country has enough reserves to shield the economy from turbulence. international. “This has been going on since the 2008 crisis,” he said.

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