Caixa Econômica will be the Itaú of the favela, the Bradesco of the outskirts, says Flávio Bolsonaro

Senator Flávio Bolsonaro (PL) stated this Friday (9) that he will transform Caixa Econômica Federal into "Itaú da favela" or "Bradesco da periphery", if he is elected president in the second round elections on the 25th.

In a meeting with allies in Rio de Janeiro, he stated that the public bank will be used to finance entrepreneurs on the outskirts of cities.

"Caixa Econômica Federal will be the bank of prosperity. It will be the Itaú of the favela, the Bradesco of the outskirts. What is this? We will bring knowledge so that they can open their own companies, so they can formalize. We will reduce taxes, we will provide cheap financing. We will provide prosperity", he said.

"The economy will be based on productivity. And not like the current government is doing, grafting R$350 billion into the economy just to try to get re-elected. The consequence of this is inflation."

CRITICISM OF THE FUELS EXECUTION

He also criticized the renewal and expansion of federal tax relief on ethanol and gasoline and the creation of an exclusive subsidy for diesel imports, announced this Friday by the Lula (PT) government.

"Many people still haven't realized what another bomb he's going to throw into the lap of the consumer, into the lap of those who use motorbikes, those who use cars and our truck drivers. Lula, through Petrobras, gave a subsidy of approximately R$2 on the price of diesel. Do you know when it ends? On October 25th. The day after the election, the price at the pumps could go up by R$2. That's what this irresponsible government is doing," he stated.

The PL candidate also again denied that he intends to end social programs, citing Bolsa Família and Farmácia Popular.

"I will guarantee Bolsa Família for those who need it, but I will do much more. I will ensure that you have training, with qualifications. I will carry out the largest social mobility program in Brazil. My project is to take the poor out of poverty and make the poor rich. The current government's project is to take the poor out of poverty and put them in misery", he said.