Friday , August 12 2022

The welfare reform is deeper and wider, better than the BC, says Ilan Goldfajn | Economy


In the Goldfajn assessment, an intense reform of social security rules improves the economic environment, helping the financial authority to control inflation, allowing low interest rates to be maintained and, as a result, encourage recovery of activity economic.

The president of the Central Bank praised the motion presented to Congress on Wednesday (20) by President Jair Bolsonaro. For Goldfaj, the proposed amendment to the Constitution (PEC) "is broad and inaccurate works."

Among the other points, the government in the PEC proposed the definition of the minimum retirement age for men and women and the merger of the contribution rates of private sector employees and civil servants earning up to a maximum National Social Security Institute).

  • Understand the point point of the proposal for pension reform

"For the Central Bank, the deeper, the broadest, most economically, inflationary savings, in terms of keeping interest rates lower and in terms of economic recovery, we are looking at retirement, deeper and more. wider, better, "said Ilan Goldfajn.

The president of the financial authority emphasized, however, that the pension reform proposed by the Jair Bolsonaro government was a "great" step to balance the Brazilian economy, but it does not "solve everything."

Ilan Goldfajn again contested during the interview that the approval in Congress of the proposal that establishes autonomy for the Central Bank. One of the pillars and the project provides a fixed term for the board of directors of the organization, and does not match that President of the Republic.

In an interview with GloboNews, the president of the Central Bank emphasized that the mandate was important in securing the independence of the financial authority, such as for example in the United States.

"This independence gives you peace of mind so that you can do other things. It helps to give you peace of mind," he said.

I was designated for the central bank order in 2016, by President Michel Temer, Ilan Goldfajn is one of the two former government ministers who remained in the senior management numbers of Bolsonaro. The remaining minister of the rest of the government of Temer is Wagner Rosário, who is the head of the Ministry of Transparency and the Office of the General Manager of the Union.

Goldfajn remained in government temporarily, until the Senate had just saturated and approved the name of a Coroner named for the central Bank's presidency: the economist Roberto Campos Neto.

Saboth Campos Neto on the Senate Economic Affairs Committee has scheduled for Tuesday (26). To take up the post, Santander's former executive will need to pass on Saturday and vote at the Senedd plenary session.

According to journalist Miriam Leitão about what he intends to do after leaving the central bank, Ilan Goldfajn said, for the time being, it is only with the intention to achieve the quarantine six me with the family. He said, over this period of time, he will assess the professional future.


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