- Jan 1, 2023 6:33 pm GMT
Invariably, with each change of government in Brazil, there is a declaration of the new incumbents, giving account of a list of big problems left by the previous ones.
And this time it's not being any different. The new Minister of Mines and Energy has already reported on the USD 100 billion shortfall he is inheriting.
But... who in fact - creates and approves all the important measures - for many decades - is the "centre" (the permanent union of all the most important parties in Brazil - regardless of their formal political "orientation"). Without which, incidentally, there is no realistic possibility for the executive branch to deliberate on any matter of relevance in its budget.
So, in my analysis, this type of "statement" that always happens is just a "theatre" that is part of our traditions.
It's high time we got stricter with our budget. What should be done if this "bomb" really exists?
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