Haddad praises Supreme and Congress and charges BC after credit rating improvement

The Minister of Finance, Fernando Haddad, celebrated this Wednesday (14) the change in the outlook for Brazil’s credit rating from stable to positive made by the international risk rating agency S&P Global Ratings. The minister pointed out that the result is still “modest”, but praised the joint work between the economic team, the Federal Supreme Court (STF) and Congress.

“It is an important step, after four years, to have such a signal. I would like to share with Congress and the Judiciary the initiatives that are being taken in the right direction. This is not possible only from the Executive… The mention of the new fiscal rule, to the perspectives of approval of the tax reform, to the measures of reencumbrance”, he said. “Brazil will return to investment grade, I have no doubt about that,” the minister pointed out.

Haddad stated that the Central Bank still needs to “join this effort, but I want to believe that we are about to see that happen”. “There is no solution for Brazil without growth. It is still a modest result, but an important one. What is missing is the Central Bank to join this effort. I believe in harmony between fiscal and monetary policies. expected. We have a golden opportunity to make a difference”, said the minister.

The minister also thanked BC. “I want to thank the monetary authority as soon as possible, which in each public statement demonstrates that it is sensitive to the clamor of the business community, banks, risk agencies and that it is possible for harmony to be even greater”, he pointed out.