Economy

Panel SA: Recreation of the Ministry of Industry promised by Bolsonaro is not a consensus in the sector

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The promise to recreate the Ministry of Industry, which Bolsonaro once again exalted this Tuesday (20), is seen as an attempt by the president to please the sector on the eve of an election, but it is not a demand for consensus from industrialists.

In the opinion of a business representative who usually attends Paulo Guedes’ meetings with the 12-sector group called Coalizão Indústria, there is no advantage in going back to the way it was before, since the old model did not prevent deindustrialization.

The dismemberment of the portfolio means, in practice, a loss of power for Guedes, and he should face resistance from the minister in a possible second term.

Joana Cunha with Paulo Ricardo Martins and Diego Felix

bolsonaro governmenteconomyindustryJair BolsonaroleafMinistry of Economypaulo guedes

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