Arminio Fraga says Bolsonaro's government is hindering the country.
Former Central Bank president during Fernando Henrique Cardoso's administration, Arminio Fraga, says that the National Congress has been doing its part in addressing the country's problems, but the Bolsonaro government has been hindering it.
247 - An article by journalist Vinicius Torres Freire in Folha de S.Paulo highlights the opinion of the former president of the Central Bank during Fernando Henrique Cardoso's government regarding how to deal with the current crisis.
"The economist and financier is not proposing heroic measures. It's a matter of 'avoiding major disruptions in various areas, maintaining macroeconomic discipline, and pursuing the reform agenda. Congress has done a lot, but it needs more help from the Executive branch.' The government has been hindering progress," he writes. journalist.
The article points out that Fraga is not in favor of increasing public spending, even in an emergency, in order to boost investment.
"Some public investment is indispensable. Now, I don't see how to increase it; the state is broke," he says.