The Ministry of Economy loses its authority over the resources of science and technology – 20/06/2021 – Mónica Bergamo

The Economy Ministry lost an arm-wrestling match with members of the National Fund for the Development of Science and Technology (FNDCT), which manages about R$7 billion for research in the region. The portfolio was voted on at a meeting where it was reaffirmed that the fund’s board decides where the money goes – not the portfolio headed by Paulo Guedes.

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The ministry had already begun to decide on investment priorities – but the board decided that the fund’s board of directors is the final body for setting priorities.

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Another recent victory for the FNDCT is the approval of a law prohibiting resource restriction.

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Even the TCU (Court of Accounts of the Union) opened an investigation after President Jair Bolsonaro imposed sanctions on the budget earmarked R$5 billion from the “emergency reserve” fund, which was overturned under the new legal rules. The Ministry of Economy has already committed itself to solving the problem.

Logic

“Science and technology is moving from the accounting and financial logic of resource allocation to one that privileges knowledge and innovation for economic and social development, with the centrality of science in defense of life,” says economist Carlos Augusto Graboa Jadelha, who is the leader of the Health and Development Research Group at Vuecruz and a member of in FNDTC

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_{With BRUNO B. SORAGGIAnd the Bianca Vieira e Victoria Azevedo}

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