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Government will strengthen measures to support the industry, says Mantega, after meeting with Dilma and businessmen from private sector


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At a meeting yesterday in the Palácio do Planalto, Government and businessmen settled a commitment to expand investments to accelerate the growth of the economy. According to the Minister of Finance, Guido Mantega, the Government will strengthen measures to support the industry, such as payroll burden. The meeting, headed by President Dilma Rousseff, brought together 28 businessmen and was marked by the convergence between the Government and private sector. "Brazil has to be competitive, but in our own way and not copying the instruments that others are using. We shall not lead the country to competitiveness by making our work force starve. But that should happen by increasing the earnings of our work force and allowing them to keep exercising the consumer market. As the mass of salaries increases, that means a growing demand, along with encouragement to investments,” said the Minister. According to Mantega, the Government will maintain the policy of intervention in the foreign exchange market, considered crucial by business leaders to provide competitiveness to the Brazilian industry. In addition, the economic team wants to accelerate the tax relieve on payroll, as well as stimulating investments in infrastructure and logistics.
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Sun, February 19 2017
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At a meeting yesterday in the Palácio do Planalto, Government and businessmen settled a commitment