The market should accept a higher value in the “PEC for Transition” if there is a guarantee of fiscal commitment from the team of President-elect Luiz Inácio Lula da Silva (PT), CNN Brasil economics commentator Sergio Vale said this Saturday (5th). ).
“The market will accept a higher value from this transitional PEC if it has any guarantee of greater credibility in relation to the next fiscal regime. These two things have to come together”, evaluated Vale.
According to the economist, the market had already priced in the hole in the spending ceiling rule. He believes that Lula will opt for a minister of the economy that is “more political” and closer to the PT, accompanied by a technical team.
Therefore, the economist points out that the market should wait to know who the secretaries will be and who will be part of the technical team to have a perception of the path of economic policy in 2023.
*Posted by Daniel Reis
Source: CNN Brasil
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.