The market still views the fiscal measures presented by the government with suspicion.
Marcela Kawauti, chief economist at Lifetime, tells WW that as long as the economic team does not attack issues that bother investors, the exchange rate and the stock market will not calm down.
“There is no point in promising a package. We really need indications of how and when the government will put these issues into practice”, asks Kawauti.
The expert assesses that it is insufficient to achieve balance in public accounts, another factor that weighs on market performance.
In addition to being pointed out as insufficient to stabilize public debt, the assessment is that the government made a mistake in announcing a measure of
The communication was not well received. Cristiano Noronha, political scientist at Arko Advice, reiterates Kawauti’s point by indicating that the next step the government needs to take is to “speak up and explain”.
“This quick approval will make economic agents see that the concrete result will happen immediately. And the third movement is: let’s avoid any type of dehydration. The government is part of the narrative, trying to contain the timing and avoid dehydration”, said Noronha to the WW.
