Finance Minister Fernando Haddad made a direct criticism of the economic model adopted by Argentine president Javier Milei on Friday (27) during an interview with GloboNews. According to the minister, many Brazilian businessmen who defend the policies of the Argentine government are unaware of the social reality of the neighboring country.
“I see a lot of business owner to defend Milei. It’s usually a businessman who doesn’t know the outskirts of Buenos Aires,” said Haddad. “Fifty, sixty percent of the population below the poverty line. And with the overvalued exchange rate, it will give a problem right in front. If it wasn’t the FMI there, everything was already badly tidy.”
Speech arises in the context of a discussion about Brazil’s tax challenges and the search for sustainable solutions to public accounts. Haddad argued that, unlike Argentina, Brazil can and should follow a path of “gradual”, promoting adjustments to each semester, without abrupt ruptures.
Continues after advertising
“We don’t need any of this,” he said. “If we go, every semester, as we have done, asking things, correcting the rubrics, improving the indicators… We will not have a dark cloud tormenting the country.”
During the interview, the minister again highlighted the importance of rebuilding the confidence between the executive and the National Congress to move forward with fiscal adjustment measures. He said he was willing to promote a dialogue environment and suggested the creation of a table with government participation and opposition to discuss primary spending.
