Pacheco defends Haddad and says Congress will contribute to zero deficit

The president of the Senate, Rodrigo Pacheco (PSD-MG), stated this Monday (30) that the instructions of the Minister of Finance, Fernando Haddad, must be followed, as the minister is responsible for “establishing economic policy”. The senator highlighted that going “against” the determinations of the fiscal target “would put the country on a dangerous path”.

“We must follow the guidance and directives of the Minister of Finance, who is entrusted with the important mission of establishing Brazil’s economic policy. Going against this would put the country on a dangerous path. Parliament has this understanding and will seek to contribute with the necessary approvals, with good initiatives and pursuing the achievement of the established goal”, said Pacheco.

The statement by the president of the Senate comes after President Luiz Inácio Lula da Silva (PT) said, last week, that the market is “greedy” and that it will be difficult to meet the target of zero fiscal deficit established by Haddad for 2024. The speech of the PT member was received with bad humor by the financial market.

This Monday, Haddad tried to avoid the repercussions of the president’s speech and gave an interview. However, the minister was irritated during the press conference and did not say whether the zero deficit target will be met in 2024. “My role is to seek fiscal balance because I believe that Brazil needs to look at public accounts again. I will seek fiscal balance in all fair and necessary ways. My goal is maintained”, said Haddad.