Lula's meeting with economic team and former ministers generates expectations in Brasilia

An emergency meeting called in Brasília this Thursday, the 5th, placed the country's economic command at the center of attention, according to Revista Oeste. The meeting brought together President Luiz Inácio Lula da Silva with his economic team and names that passed through previous administrations, generating speculation about the government's fiscal direction.

The call to discuss the economic scenario was confirmed by Dario Durigan, according to Revista Oeste. To date, Palácio do Planalto has maintained its decision not to make any official disclosure about the exact content of the conversations held behind closed doors.

The debate table was attended by vice-president Geraldo Alckmin, as well as Bruno Moretti, representative of Planning and Budget, and Esther Dweck, from the Management and Innovation department. The list of participants published by Revista Oeste also included Aloizio Mercadante, president of BNDES.

The format of the meeting drew attention due to the presence of former Finance Ministers and figures with strong political and interventionist appeal in the economy. Among the guests who participated in the meeting were Fernando Haddad and Guido Mantega, as reported by Revista Oeste.

What changes for the investor

The absence of official transparency and the presence of historical figures associated with policies of greater state intervention tend to increase the perception of fiscal risk among economic agents. For those operating in the financial market, the lack of clarity regarding possible changes in the direction of public accounts and spending control adds volatility to local assets, directly influencing the formation of prices on the stock exchange, future interest rates and the exchange rate of the dollar.

Automatically translated from Portuguese.