“Brazil is bankrupt, I can’t do anything”, announces President Bolsonaro

“I wanted to change the grid of tax cuts, but there was this press fueled virus that we have here, this uninspiring press,” Mr Bolsonaro said.

Le Monde avec AFP

“Brazil is bankrupt. I can’t do anything,” President Jair Bolsonaro said on Tuesday January 6, attributing the crisis of “this virus fueled by the press”, at a time when the aid that saved millions of people from misery has ended.

“Brazil is bankrupt. I can not help I wanted to change the grid of tax cuts, but there was this press-fueled virus that we have here, this uninspiring press, “Bolsonaro said in response to one of his supporters who had it. greeted in front of his official residence in Brasilia.

The Brazilian president referred to the reform for the rise of the level tax-exempt income, a campaign promise of the far-right leader, who came to power with a liberal economic program.

The country “on the brink of a social abyss”

For Mr. Bolsonaro, the The country’s economic collapse is linked to the restrictions advocated by governors to fight the pandemic caused by the coronavirus, which has already killed nearly 198,000 people in Brazil. And it has grown in popularity thanks to the nine-month emergency aid given to 68 million Brazilians, nearly a third of the population.

But this month, the aid has ceased, under pressure from the markets, worried about the country’s high level of deficit and debt, which could place it “on the brink of a social abyss”, according to Marcelo Neri, director of the social policy center of the Getulio Vargas Foundation (FGV).

Meanwhile, the number of cases and deaths continues to increase. In the past twenty-four hours, the South American giant has recorded 1,171 deaths and nearly 60,000 new contaminations, figures which are expected to increase in the coming weeks due to the massive gatherings that took place during the Christmas holidays. and New Years, according to specialists.

/Le Monde Report. View in full here.