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At the beginning of his speech, Guedes said he wanted to “congratulate all the economists who were already part of the government”. “Before joining the government, I thought everything was very easy, and it wasn’t quite so,” said the minister jokingly, who held the position for two years and five months and had already had tough negotiations with the National Congress.

Collect and predict deficits

Geddes also said that with successively positive results in tax collection, the government is revising its general deficit projections for this year. The deficit was expected to reach 280 billion Brazilian reals two weeks ago. The group was so formidable that we are already reviewing it for 180 billion reais, “he commented.

He also emphasized that investments in infrastructure are necessary for Brazil to integrate with Latin America, but returned to say that the country cannot be trapped in Mercosur.

Brazil should be the anchor for the big investments and move production to Latin America. We will not stumble in the area, it was a mistake, Mercosur imprisoned us, ”the minister added.