Lula says he is sure that all campaign promises will be fulfilled
In a post on social media on Sunday, November 1st, the president stated that the campaign's proposals will be implemented
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 2 MIN
President Lula (PT) stated, in a post on social media on Sunday, November 1st, that he is certain that the proposals presented in the presidential campaign will be implemented. According to InfoMoney, the tone of the statement is one of assurance, and the message to the market and voters is that electoral promises must become government action.
In addition to the measures already underway, the government presented promises in the economic and social areas, according to the same report. In other words, the commitment agenda goes beyond a single project and covers different fronts of administration.
Among the initiatives that are already underway, InfoMoney cites the PEC that amends the Constitution to redefine public security rules. By changing the constitutional text, the proposal follows a different procedure than common bills, which makes the discussion longer and more exposed to negotiations in Congress.
The facts discovered so far do not provide values or deadlines for economic and social promises, and this gap is the central point for those who follow the public accounts. The question that remains is how much it will cost to fulfill everything and where the resources for each commitment will come from.
When reading this essay, which defends fiscal responsibility, free markets and lower taxes, the president's phrase calls for scrutiny. Broad promises, with no declared cost and no source of financing, tend to generate more uncertainty about the path of public accounts.
What changes for the investor
For those who invest in the stock market, interest and the dollar, the effect of a statement like this depends less on the sentence and more on what comes later: the details of the economic proposals, the way to finance them and the progress of the public security PEC. The more clarity there is about costs and sources of funds, the easier it will be for the market to assess fiscal risk. This article does not provide a purchase or sale recommendation or price projection, and the most prudent thing is to monitor the implementation of the measures before drawing conclusions.
Automatically translated from Portuguese.
