According to Paulo Guedes, the government “changed the axis of the economy”

Last month, when the pandemic in Brazil was not yet on full alert. In a teleconference, Paulo Guedes stressed that the government is making an effort to help the population in this moment of social isolation.

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On Saturday afternoon (4), the Minister of Economy, Paulo Guedes, participated in a teleconference via YouTube with some businessmen from different parts of the country in the retail sector from different parts of the country, who are linked to the National Confederation of Store Managers. In his participation, he stressed how the government is making an effort to help the population.

At the beginning of the broadcast, the minister pointed out how the government is making an effort to help the population during the period of social isolation, especially retirees, beneficiaries of the Bolsa Família program and informal workers.

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Em teleconferência, ministro ressaltou que governo está se esforçando para ajudar a população nesse momento de isolamento social.

Bolsonaro government “changed the axis of the economy”

According to the minister's statements, only in the last week, a set of measures were announced that set values greater than the spending budget that was foreseen for all ministries that year.

The resolution signals a change in economic policy. Something that, before the crisis caused by the new coronavirus, was centered on fiscal control, reducing the public deficit and reducing expenses.

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“We changed the axis of action from structuring reforms to the axis of emergency measures, which confirm our federative pact”, said Guedes.

For the minister, at this moment Brazil is breaking the wave of the pandemic through social isolation and protection measures. And that soon the second wave, of an economic nature, will have to break through, as a result of the activities of various sectors being paralyzed. “We will ride these waves together,” he said.

Paulo Guedes says that challenges lie ahead.

Paulo Guedes, maintained a positive tone and provided credit guarantees. Reinforcing the importance of maintaining the flow of payments for constant expenses of companies, such as in supply services, for example, water, electricity, telephony) and with suppliers.

In his economic reading, Guedes states: “We have to keep the Brazilian economy breathing and oxygenated. We can renegotiate everything, but we cannot disrupt the payment network.”

The minister also asked for the unity and support of businessmen.

“If from the point of view of health we need isolation, which is against our affective nature (...), from the point of view of the production network, this capillarity cannot be lost”. He also stated: “one can save the other. We cannot let go of each other's hands," he concluded in a statement to the news portal. Value.

In recent days, the Ministry of Economy met with around 190 associations and received more than a hundred suggestions and requests to solve the economic crisis.

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Source: Economic value 

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