Brazil Rejects Rumors of State Intervention in Monetary Policy
6 Articles
6 Articles
Brazil Rejects Rumors of State Intervention in Monetary Policy
Brazil's Ministry of Finance has officially rejected reports of planned state intervention in the country's monetary policy. Deputy Finance Minister Dario Durigan stated that the administration of President Luiz Inácio Lula da Silva does not intend to implement interest rate ceilings or deploy foreign exchange reserves to prevent capital flight. The clarification follows market volatility triggered by reports of a potential meeting between the p…
The Minister of the Farm, Dario Durigan, said on Tuesday (3) that the idea of the economist André Lara Resende to reduce the interest in the country has deficiencies and is not a proposal to be evaluated yet. The statements were released by the State Content. Lara Resende's proposal foresees a gradual drop of Selic to about [...]
Forbes, the world's most well-conceived business and economic magazine. Minister of Finance states that monetary and fiscal reform suggested by one of the Formulators of the Royal Plan has deficiencies and is not under discussion in the government The post Dario Durigan Rejects Proposal by Lara Resende and Defense Fiscal Adjustment Gradual apareceu primeiro em Forbes Brasil.
The Minister of the Farm, Dario Durigan, said on Tuesday, 3, that the idea presented by economist André Lara Resende, of limiting interest in the country, has several deficiencies and has nothing like that at the government table today. He said that there is no agenda marked, and defended a gradual adjustment in the accounts [...]
He stated that there is not even an agenda marked and defended a "gradual adjustment" in the public accounts as they have already been doing, according to him
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