Roberto Campos Neto said that the market needs to have “goodwill” with the new Lula government, even with criticism of the Central Bank’s decisions.| Photo: reproduction

The president of the Central Bank, Roberto Campos Neto, said this Tuesday morning (14) that the financial market needs to have “a little more goodwill” with the government of Luiz Inácio Lula Silva (PT), at an event promoted by the bank. BTG Pactual.

The affection for the government comes amid constant criticism from Lula and allies on account of maintaining the basic interest rate at 13.75% with no expectation of a drop in the short term.

Campos Neto recognized the validity of the questions and says that the monetary authority should be clearer about the reasons for the decisions taken by the Monetary Policy Committee (Copom), expressing the results sought in the long term.

The president of the Central Bank stated at the event that “investors are very hasty, very eager. We need to have a little more goodwill with the government, 45 days is a short time”.

For him, Finance Minister Fernando Haddad has “an enormous willingness to say ‘look, we have a principle of following a fiscal plan with discipline’. There is a framework that is being worked on, some objectives have already been drawn up”.

He also declared that the environmental policy allied to the economy in this new Lula government brought gains to Brazil and that he himself raised this flag in the past. “This was a topic that will define whether the money will come back or not”. “If you’re not inclusive and you’re not sustainable, you’re not part of the recovery,” he added.

Campos Neto’s speeches at the BTG Pactual event come a day after he stated, in an interview with the Roda Viva program, that he will do everything in his power to bring the Central Bank and the government closer together.