I do not believe in a recession that controls inflation in the country The economy
Inflation Minister Fernando Haddad on Thursday (20) said that there is no need to crash depression inflation in Brazil. He said that controlling the increase in prices is the work of the Government and Central Bank (BC), which works to reach the goal. According to Haddad, the government is committed to zero primary result and follows the target.
“I do not believe you need depression to reduce inflation in Brazil and I don’t believe it,” Haddad said at the “Good Morning, Minister” event. EBC. “I think you can handle the economy in a steady manner, without leaving inflation.”
The minister said that the government and BC teams had made a great effort to promote organizational relationship. He said that the municipality had a “unprecedented experience” with two years of transformation in the management of President Luiz Inacio Lula da Silva due to the autonomy of the municipality.
“This is an unprecedented experience
The Monetary Authority’s Autonomous Act has set orders for the president and directors, and two years after the command of the Republic President, the head of the municipality ends. Therefore, Roberto Campos Neto, appointed by the office of former President Zair Bolsonoro, ordered the BC until December last year.
“Now, we still have a board that has two past government directors. So it is a transformation that is not even two years old,” he said, adding the BC directors of the financial policy, Diogo Gillen and the company of the economy and the economy, former President Zair Bolsonoro, and whose orders run until December this year.
