The Brazilian government led Dilma Rousseff decided to cut costs by about € 20 billion after studying the outlook for the local economy in 2011 growth will be at most 5%.
The government is moving ahead to also have some leeway and not much impact on the world of work and social life.
A first obstacle that stands in front of the president is Rousseff wage. The trade unions demand an increase of 580 reais, while the government in the face of the reduction of expenditure and the risk of inflation, is unwilling to rise above the 545 reais.
Minister of Finance, Guido Mantega, during the presentation of the government's plan, said: "With less government consumption will reduce the pressure on prices. [...] This cut will be more drastic than those made in previous years. [.. .] The goal is clear and that is to keep inflation under control and reduce government spending is the main way to combat any inflation, "Mantega said later that the Aceleración Programa de Croissance (CAP) plan development and construction of basic public works, will not be touched.
The Brazilian government in its study economic plan to drastically cut back, back in 2001, public debt, reversing the trend of 2009-2010. In the last two years, the Lula government, which had always Mantega as finance minister, decided to support the Brazilian economy with substantial funding for the industry to stem the global crisis and not to drop the recession in Brazil, so the government increased its expenditure and the results proved him right.
Dilma Rousseff Today, however, can not continue with this economic policy and risk a dangerous debt of Brazil, but must try to let the industry continues on its path counting on their ability and on economic growth the country which continues even if not as large as before.
0 comments:
Post a Comment