Interest rate is an ‘anomaly’ and interferes with public debt, says Alckmin

The vice-president of the Republic and minister of Development, Industry, Commerce and Services, Geraldo Alckmin (PSD), said that the 15% interest rate is an “anomaly” and interferes with public debt.

“It doesn’t make sense with the dollar at R$5.20, falling inflation and you have a 15% interest rate, real interest of 11%, it almost doesn’t exist in the world so it’s an anomaly and this has an effect on the brutal public debt”, said the vice-president in an interview with the Visão Crítica program, on Jovem Pan News.

“The criticism that the government makes and I also make the issue of monetary interest policy, I’m very sorry if you don’t like it, but I don’t see a justification for you to have the second highest interest rate in the world, with falling inflation and food prices”, he argued. .

The former president of the Central Bank, Roberto Campos Neto, was the main target. Under the current command of Gabriel Galípolo, appointed by Lula, the BC also did not lower the interest rate. At the last meeting, the Copom indicated a drop in the rate.

Still on the economy, the minister said that agribusiness “will have an excellent year”. Alckmin also praised the record exports even after the tariffs imposed by the United States and said that Brazil will spread data centers “throughout the country”.

Alckmin in Critical Vision

The vice-president and minister of Development, Industry, Commerce and Services, Geraldo Alckmin is the guest this Friday (6) of Visão Crítica, presented by Marco Antonio Villa. In the interview, Alckmin spoke about the unexpected union with Lula, the negotiations against Donald Trump’s tariffs and the prospects for the economy with the tax reform and the agreement between Mercosur and the European Union.

The program airs today this Friday, at 10pm, on Jovem Pan News.

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