The central government can be analyzed carefully, according to the Treasury – Economy



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Braslia, 28 – National treasury secretary, Mansueto Almeida, made Thursday, 28, a number of reserves in the badysis of the primary deficit of 11.024 billion reais of the central government in May. The figure was worse than the median estimate of Projees Broadcast, a deficit of 9.9 billion reais. The Treasury, however, noted that the result was better than expected compared to the median forecast of the Budget Prism, which indicated a value of 22 billion reais last month.

In the summary accompanying the data, signed by Mansueto and the team, the Treasury stresses that the badysis of the figures must be done with caution, because there has not yet been any. 39 incorporation of planned expenditures with the diesel subsidy program and also because the ministries spend R $ 12.8 billion

Ceiling Amendment

The Secretary of the National Treasury stated that in the month of January, the National Treasury Department it will be possible for the next government to make budgetary adjustments without capping expenses or raising taxes. "It does not make sense economist candidate to say that he does not want to increase the tax burden and does not like the cap," he said.

As to whether candidates amend the ceiling rule when they are elected, Almeida joked: for everyone "." If someone does not like the amendment of the ceiling, the fiscal adjustment will be much more gradual, we need to make a serious debate, we still have a very large tax hole. "

According to the secretary, space for growth of spending allowed by ceiling from R $ 55 billion to R $ 60 billion in the coming year, but the increase in mandatory spending planned in the budget is expected to be R $ 74 billion. "The next government must reduce discretionary spending.

Almeida also said that the next report on revenue and expenditure will incorporate the subsidy program created to finance the reduction of the price of diesel and, therefore, the expected result for the year should be exactly to the target, which allows a deficit of 159 billion reais. In the latest report, the forecast deficit was 152 billion reais, but space was occupied by diesel subsidies.

In addition, the next report, due to be released on July 22, should also bring changes in macroeconomic parameters, according to Almeida, among them inflation and, ultimately, GDP growth.

Despite this, the secretary stated that "for the moment" feels very calm about the achievement of the goal in 2018. "Our Balance (19659002) (Idiana Tomazelli and Lorenna Rodrigues) [19659010] We have instruments to achieve with certainty the financial objective of this year. [ad_2]
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