Minister of Finance says that “perhaps the time taken to mature the measures was excessive”, which led to “frustrated” expectations
The Minister of Finance, , acknowledged that there was a delay in preparing the fiscal package to cut spending. According to him, the analysis period “excessive” of the measures caused frustration.
“Perhaps the time taken to mature the measures was excessive and generated expectations that may have been frustrated. That’s what I hear”he stated in an interview with the news channel GloboNews this Tuesday (7.Jan.2024).
The fiscal package was received with distrust by financial agents, who considered the proposals insufficient to control public spending. One of the consequences of fiscal fear was .
Haddad said that announcing the package along with the start of the Income Tax reform was another point of impasse. At the end of 2024, he gave information to the press as one of the reasons for the poor acceptance of the package.
When publishing the expense review, he took advantage of the situation to state that the government wants to grant an exemption to those who receive up to R$5,000 per month – but.
In the same interview with GloboNewsthe minister also stated that there was one . He asked for a longer speech “cohesive” between all teams.
“We need to have greater cohesion in relation to the speech because the moment demands more from us, especially from the point of view of not hesitating in relation to certain principles and results”he declared.
During discussions on the spending review, PT ministers took a stance against the measures. There was internal disagreement, that is, a lack of cohesion. The president with several of the Esplanada’s names until everyone was convinced.
One of the government’s communication impasses involved the Minister of Labor, Luiz Marinho. It was before official disclosure by Haddad.
THE HADDAD PACKAGE
The federal government sent a series of measures to Congress in an attempt to curb the growth of public spending. The majority have already passed the scrutiny of deputies and senators. All that remains is to pass the project that changes the rules for military retirement.
The measures were announced by Haddad on TV and radio channels. Together, he opened the debates on income reform.
Watch (7min 31s):
Many of the initiatives were dehydrated in Congress in relation to what the government wanted. An example is in relation (Continuous Payment Benefit).
The Treasury estimates it will lose R$6.3 billion due to changes in deputies and senators. It turns out that the Treasury also started to project an increase of R$4.2 billion in relief due to the (Gross Domestic Product) of 2023, because of the impact on the minimum wage.
In the end, the government’s calculations show a negative balance of R$2.1 billion. Understand more .
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