Durigan says it is necessary to provide conditions for interest rates to fall

One day after the Monetary Policy Committee (Copom) announced the maintenance of the Selic basic interest rate at 13.75% per year, the Minister of Finance, Dario Durigan, considers that the value is still too high.

According to him, there must be conditions for a sustainable drop in this rate in the country.

"It's a very high interest rate, very bad for the economy, for all sectors, even the financial sector, the productive sector. We need to take the necessary measures so that we can provide the conditions and, in a sustainable and structural way, the interest rate decreases in Brazil", said the minister, in a press conference this Thursday (5).

“The effort we have to make in the Lula 4 government is to provide the correct, structural conditions, correct incentives so that we can reduce the interest rate”, he added.

The minister explained that the government will continue working to close public accounts with a surplus, with the necessary adjustments.

"We will never propose measures that harm the poorest people. On the contrary, when we make gradual adjustments, we implement measures looking at cutting privileges, resuming a series of benefit reviews, primary spending reviews, we provide the conditions for the budget to be in surplus", he said.