Will the LULA government's structural SPENDING CUTTING package be just another FINE-TOUCH COMB? Estadão Analisa

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Estadão

Published on Streamed live on Nov 7, 2024
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In “Estadão Analisa” this Thursday, the 7th, Carlos Andreazza talks about the Lula government’s package of structural spending cuts. Finance Minister Fernando Haddad had to cancel his trip to Europe this week. The tour went badly – ​​not because of the destination, but because of the timing. It would be very difficult to convince anyone who is unwary about the urgency with which the government is dealing with fiscal adjustment after the Finance Ministry limited itself to disclosing the cities where the minister would be visiting without informing what he would do or who he would meet with while the dollar approached the R$5.90 mark. Read: https://www.estadao.com.br/opiniao/a-... Andreazza also talks about the decision by the Monetary Policy Committee (Copom) of the Central Bank, which increased the basic interest rate (Selic) by 0.5 percentage points this Wednesday, the 6th, from 10.75% to 11.25% per year. The decision, which was unanimous, confirms the expectation of an acceleration in the pace of monetary tightening compared to the last meeting, in September, when the upward cycle began. At the time, the first rate increase in President Luiz Inácio Lula da Silva's third term, the committee raised the Selic rate by 0.25 points. Read: https://www.estadao.com.br/economia/b... The columnist also returns to talk about parliamentary amendments. On Tuesday, the 5th, the Chamber approved a bill with new rules for the use of parliamentary amendments to the Federal Budget. There were 330 votes in favor, 74 against and two abstentions. The text, which was processed under an urgent procedure, will now be analyzed by the Senate. Read: https://www.estadao.com.br/politica/c... Hosted by columnist Carlos Andreazza, the daily program on Estadão's YouTube channel will curate the most relevant topics in the news, leaving aside the froth and delving into what is relevant. Subscribe for R$1.90/month and have unlimited access to Estadão content. Access: https://bit.ly/oferta-estadao 'Estadão Analisa' is broadcast live from Monday to Friday, at 7 am, on Estadão's YouTube and social networks. And after that, it is available on Spotify, Deezer, Apple Podcasts, Google podcasts, or on your preferred podcast aggregator. Presentation: Carlos Andreazza Editing/Post-production: Jefferson Perleberg Coordination: Gabriel Pinheiro and Everton Oliveira Photo: Wilton Junior/Estadão 00:00 - WAITING 03:16 - OPENING 11:08 - BC AND SELIC 13:00 - US ELECTIONS 19:45 - INTEREST RATES AND THE ECONOMY 27:27 - HADDAD AND THE SPENDING CUTTING PACKAGE 40:42 - FINE-TOUCH CUTTING 47:43 - GOVERNMENT, AMENDMENTS AND SECRET BUDGET 53:51 - CLOSING

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