Roberto Campos Netos says he has “raised the bar” for the inspector in Brazil

According to the head of the central bank, the whole world made a great financial and monetary effort to avoid a depression in an orderly exit, but the bill is still waiting to be paid.

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Economy
central bank
4 hours ago
by fullhabress

Joanna Cunjuarauga, SP (Fulhabress) – Central Bank President Roberto Campos Neto said on Saturday (26) that the government is going in the right direction when trying to improve the fiscal situation, but that “barriers have gone up” around the world and “it is necessary that you do your homework “. In a meeting with businessmen in Guaruja (SP), he referred to the downgrade of the US rating by Fitch Ratings, citing expectations of financial deterioration and warning of the US economy. When the UK launched tax cuts and increased public spending last year.

Campos Neto said at an event organized by a group of entrepreneurs: “It seems that the world has woken up to the topic that we faced a difficult epidemic, huge expenses were incurred, many programs, but at some point we have to pay the bill.” Esfera, which this weekend gathered names such as Joesley and Wesley Batista (J&F), Flávio Rocha (Riachuelo), André Esteves (BTG) and Abilio Diniz (Peninsula).

According to the head of the central bank, the whole world made a great fiscal and monetary effort to avoid depression in an orderly way, but the bill was left to pay.” In this sense, the standard goes up a bit for everyone. This means that people need to do their duties better.”

He noted that the Brazilian government is moving in the right direction and that cost reduction is a chronic problem in the country. [da Câmara] Arthur Lyra is already talking about administrative reform. We can even think about things, even if they don’t have an immediate result, if they can win in terms of expectations with a vote of confidence to continue this period until we get to a moment where the country can grow more and produce more more revenue, I think all initiatives make sense “.

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