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While Lula goes to COP27, PT “firefighters” try to signal rationality to the PEC

Brazil has a holiday tomorrow, with President-elect Luiz Inácio Lula da Silva (PT) traveling to the United Nations Climate Summit (COP 27) in Egypt, where he will be one of the stars, as the Amazon is at the center of the debate. climate in the world.

While he is speaking in Sharm el Sheikh, here in Brazil, the PT “firefighters” and those around the transitional government are trying to signal some rationality in the construction of the PEC that will change next year’s budget.

The reaction of the markets last week triggered fears of exaggeration in fiscal release, with the possibility of permanent withdrawal of social benefits from the spending ceiling. The charge on the new government has two main themes.

The first is: how do you want to end the fiscal rule in force in the country, even with all the holes that have happened in recent years, without first presenting what comes in its place? Second question: how to create the economic policy before announcing who will lead it in the next government.

Fernando Haddad goes with Lula to Egypt and his name has gained strength among the favorites to assume the Ministry of Economy. In an attempt to keep the market minimally docile, the PT core continues to talk about Henrique Meirelles as a candidate.

Today’s CNN Money also talks about the expectation for the arrival of squid at COP27 and the meeting of American and Chinese presidents, Joe Biden and Xi Jinping at the G20 – which, by the way, will not count on the presence of President Jair Bolsonaro.

Presented by Thais Herédia and Priscila Yazbek, the CNN Money presents a balance of news issues that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.

*Posted by Ligia Tuon

Source: CNN Brasil

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