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In view of the impact caused by the new coronavirus pandemic, the Ministry of Economy is studying the review of investments in social programs. The information was released today by the Secretary of Economic Policy of the Ministry of Economy, Adolfo Sachsida, in an interview with CNN Brazil.
“Brazil is full of social programs that, instead of helping the poor, help the rich. How about strengthening our social safety net, taking programs that don’t work and putting them in programs that work? These discussions are taking place, and, at the appropriate time, with the government and Congress, it will be released, “Sachsida said.
However, the trend is that the guidelines will only be revised after the payment of the emergency aid, made by the Federal Government in three installments of R $ 600 during the pandemic. “Now, the current moment is an emergency one. It is natural for the government to focus more on emergency assistance guidelines for this pandemic, which is unique in the history of economic science,” he added.
Sachsida also recalled that the projected drop in GDP for this year is 4.7%, “the highest in the historical series.” The numbers, he recalled, suffer directly from the influence of covid-19 on the economy.
“Every week of social distance costs R $ 20 billion. It increases indebtedness and affects long-term growth. He is not critical of the governors; we all want the best for our country. If the president speaks, he must be taken seriously” . There is a very serious crisis. How are we going to get out of the crisis? Let’s go out together. There is no dilemma between health and the economy. Life is a package, “said Sachsida, who has yet to see an economic reopening plan.
“The reopening, who has to speak is not the ministry. I am not an expert in epidemiology. Now, we have to have an economic recovery project for when possible. And that, the minister Paulo Guedes speaks daily. You can be sure that that these agendas will advance. Our country is in a difficult moment and, as a nation, we have to make decisions, “he added.