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The Secretary of Economic Policy, Adolfo Sachsida, said today that Brazil is not broken, as President Jair Bolsonaro (without a party) said this morning in a conversation with supporters. Sachsida stressed, however, that the fiscal situation is delicate. The statement was made during an interview with CNN.
“[O Brasil não está quebrado] no way no way. President Bolsonaro simply used popular jargon to express a situation. At the moment it is not possible to give new tax benefits “, defended Sachsida.” What the president said is something everyone knows: the country’s fiscal situation is delicate. “
During the morning, in front of the Palácio da Alvorada, Bolsonaro said he could not extend the exemption from Income Tax, a campaign promise, due to the new coronavirus pandemic, which hampered the government’s economic plans.
“Boss, Brazil is broken, I can’t do anything. Did you want to change the income tax table? (But) this year (2020) there was this virus that was powered by the means we have,” Bolsonaro told a supporter.
For Sachsida, the president’s speech shows a “commitment to macroeconomic stability.”
“What the president gave was a tremendous statement in defense of fiscal consolidation. Personally, I think that this type of statement shows the entire market that the president is committed not only to a reform agenda, but to a fiscal consolidation agenda. “. .
At the end of December, the government had spent R $ 509.1 billion in actions and investments related to the fight against the new coronavirus pandemic. The largest expense was with the payment of five months of emergency aid of R $ 600, which corresponds to R $ 230.7 billion.
If added to the residual aid, of R $ 300, reserved for the last four months of the year, it was another R $ 63 billion.
(With Senate Agency)
