President of Brazil’s Central Bank considers proposal for brand new fiscal framework “tremendous optimistic”

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President of Brazil’s Central Bank considers proposal for brand new fiscal framework “tremendous optimistic”


The president of the Central Bank of Brazil, Roberto Campos Neto, praised yesterday, Wednesday, the federal government’s proposal of the brand new fiscal framework introduced final week, describing it as “tremendous optimistic”.

Campos Neto stated it’s important to acknowledge the large effort that the federal government and Finance Minister Fernando Haddad have made, as what has been introduced thus far “eliminates the chance of an explosive debt trajectory.”

“Our analysis is tremendous optimistic”, stated the president of the Central Bank, who emphasised that it’s obligatory to attend to see how the proposal might be processed in Congress.

During his speech . . .

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