My predecessors tried and failed, says Haddad

by Andrea
0 comments

Finance Minister states that the reform approved by Congress brings a “correction of privileges” made “to balance the accounts”

The Minister of Finance, declared that his predecessors in office “Tried” approve the tax reform, “But they failed”. The main text of the regulation was by the President (PT) on January 16.

According to the head of the economic team, the change in the Brazilian tax system is a “Privilege correction” made “To balance the accounts”. He made the statements in an interview with RedeTV! which aired this Thursday (30.Jan.2025).

“Our renovation that comes into force in 2027 by agreement with Congress will allow a poor person who buys in the market has the amount of tax refunded in his checking account if he is in the cadunic, if he is in Bolsa Familia.”these.

The minister also argued that there are several ways to organize public accounts and “Brazil has not been prodigious in making the weight of the adjustment tightly falling on the population”.

Like the Poder360the approval of the PEC (proposal of constitutional amendment) of the tax reform, in December 2023, and its regulation, were political victories of the Mayor, (PP-AL), who will leave the position on Saturday (1st.FEV).

The final vote of the project ended a stage that dragged on the country About 40 years. The transition rules will be valid from 2026.

Read below other highlights from Haddad’s interview with RedeTV!:

  • deficit fiscal: “I can’t understand the argument that the government is not doing its part. See, we had the government [Michel] Temer [MDB] and the government [Jair] Bolsonaro [PL] fiscal deficits as much as what is observed now, there was a lot of rhetoric of care for the public accounts, but neither [Henrique] Meirelles, nor the [Paulo] Guedes, they got a sustainable surplus. And I don’t even put it blame. ”;
  • inflation: “If inflation has escaped the ceiling, we will take steps to bring it to a level considered appropriate, bearable to the National Monetary Council. What is being sold has an ideological component that does not help. ”;
  • interest rate: “The interest rate in Brazil is already on a restrictive level. It is already at a level that slows the economy. We are predicting this year a reduction in economy growth to something like 2.5%, precisely to accommodate inflationary pressure ”;
  • Elections 2026: “I don’t see this perspective [de concorrer] because we have an unusual person in the presidencywhich won 3 direct presidential elections, a person who has an epic trajectory like never seen in Brazil. President Lula [PT] It is very important for Brazil, for the Northeast, for blacks, for women. ”

Read more:

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC