Lula states that “economics courses must change what is the cost, what is spent and what is the investment”

Lula states that “economics courses must change what is the cost, what is spent and what is the investment”


The speech comes as Haddad tries to build consensus around the new fiscal anchor

BRASILIA – While the Finance Minister, Fernando Haddadholds a round of talks on the new fiscal framework, which provides for a more flexible rule for spending control, balancing the interests of the so-called political wing and the financial market, the President Luiz Inácio Lula da Silva reiterates that resources allocated to health cannot be classified as “expenditure”.

In line with the speech adopted during the campaign, Lula said once again that there is a need to change the understanding of the concepts of costs, expenses and investments. “We need to clear our heads. From then on, Economics courses have to change what is cost, what is spent and what is an investment. Because there is nothing more precious than investing so that a poor person can eat three times a day”. dia”, during the launch event of the new Mais Médicos, created in 2013, during the government of former president Dilma Rousseff.

“How can healthcare be placed within the spending ceiling?”, he asked. The president said that the program was resumed precisely because healthcare cannot be “hostaged” by the spending ceiling. Lula also said that it is not possible to treat health as an expense, since there is no investment “greater than saving a life”. “Everything that is done to educate, train and care for people’s health must be seen as an investment,” he said.



El defended that there is no chance for a country to develop if it has no investments and guaranteed that, until the completion of 100 days of government, all public policies adopted during the PT administrations and considered successful will be reallocated. After this period, new projects will be announced.

Pressures from the political wing on the picture

The president’s speech comes as Haddad is trying to build consensus around the new fiscal anchor by replacing the spending cap – a rule that limits spending growth to changes in inflation.

The pressure from the political wing, however, has intensified since the meeting last Friday 17, at Palazzo Planalto, in which Haddad discussed the framework with Lula, the ministers of the Civil House, Rui Costa, of Urban Planning, Simone Tebet, of Management, Esther Dweck, and of the Vice President and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin. Last Saturday, the 18th, PT President Gleisi Hoffmann took to social media to set the tone for his speech.

“If it is true that the economy will grow less this year according to the indicators released by the government, then we need to increase public investment and not curb any social application. At times like this, fiscal policy must be anti-cyclical, expansionary” , He published.

Today Haddad had a series of meetings with the presidents of the House, Arthur Lira, and of the Senate, Rodrigo Pacheco, as well as with the leaders of the legislative chambers, to continue discussions on the proposal.

Source: Terra

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