Statement Chamber of Deputies this monday interim measure privatization gives Eletrobras, this is another chapter in the wave of economic changes that have taken place since the beginning of the reign Jair Bolsonaro…

At the heart of this and other projects is the microeconomics-focused agenda, broken down in the latest episode of the podcast. Exam policy for Andrew Perfect, Chief Economist at Necton Investimentos.

Led by Fabian Stefano, macroeconomics editor at EXAME, and Mauricio Moura, founder of research firm Ideia Big Data, analyzes the latest trends in politics and economics. Perfeito in the program, recorded before the determination in the Chamber, highlighted the achievements of the Minister of Economy.

Mauricio Moura asked Ideal if Paulo Gedes he is more liberal or more pocket-oriented. The Necton economist read the minister’s work. “Paulo Gedes saw in Bolsonaro a window of opportunity for building a liberal agenda in Brazil. And the minister is carrying out this process. He does not act on the noise of macroeconomics, but on the silence of microeconomics. It seems that this is so little, but he was engaged in it,” He. Among the projects Perfeito mentions the gas law, the railroad brand and the autonomy of the Central Bank. “The economic sense that this brings is in the adjustment not on the demand side, but on the supply side.”

The challenge for the second half of the year and in 2022 is to continue this agenda, which tends to produce results in the long term amid a heightened electoral dispute. “Gedes and Bolsonaro have reached some sharp corners, and I cannot reflect this doubt that the minister can leave. He will stay until the end. But the long-term orientation partly contradicts the plans of the politician, ”he says.

This will be critical in the electoral scenario, Perfeito and Moura agree, a moment of economics and patrons that the government can spend up its sleeve. With inflation around 8%, the government will have a margin within the spending ceiling determined by the cumulative inflation until July. The challenge will be to prevent the negative impact of inflation on the part of the population whose economy may not grow.

“Growth has not only winners, but people who will feel that they have not won. We have IPCA over 8% and IGPM 30%. And the Brazilians have an indexed soul. My biggest job at a brokerage is to calculate 11 inflation rates per month, ”Perfeito says. Perfeito and 148 million Brazilian voters will increasingly watch Paulo Gedes play.

The EXAME Politics podcast airs every Friday. Click here to subscribe to Spotify, or listen on your favorite audio platform and be sure to keep an eye on upcoming shows.

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