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Confirmed in Jair Bolsonaro's government economic team, Treasury Secretary Mansueto Almeida said the new government would already start in a much better position than Brazil three years ago.
In a video released on Monday 24 by the Ministry of Finance, he recalled that in early 2016, Selic's rate was above 14% per annum and that the accumulated inflation over the 12 months was greater than 9%. In addition, the economy was down 3.5%.
The elected president, Jair Bolsonaro, will take the post of Michel Temer from January 2019
Photo: Adriano Machado / Reuters
"Brazil since early 2019 is a country where inflation is less than 4%, with an interest rate of 6.5% and l 39%. expected inflation for the next three years or so 4% We have an economy that is returning to cyclical recovery and entrepreneurs are more confident and investing more, "he said.
According to the secretary, the current economic scenario allows the society to discuss in a mature and transparent way the reforms that the country needs. He cited social and fiscal reforms, as well as measures to enhance trade openness and improve the business environment.
"If we can do the reforms at the beginning of the government, we can consolidate a very positive scenario for a country that will experience new growth of 3% or more a year, with an interest rate and low inflation. Is an improvement in the lives and well-being of everyone, "he added.
Also on video on the portfolio's website, the Federal Revenue Secretary, Jorge Rachid, highlighted the Treasury's work in the fight against unfair competition, but also against fraud and corruption. "Many operations (against corruption) were initiated by the work of the intelligence and tax inspection teams," he said. Rachid also pointed to the bureaucracy measures taken by the agency.
For the secretary, the Treasury must continue to invest in the process of tax simplification. "We could advance the simplification of PIS / Cofins, a tribute that is now very complex and creates litigation and doubts for taxpayers and the Treasury itself." This simplification can be done in an infraconstitutional way, "he said.
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