GDP retreat was expected, says governing coalition; blames opposition – Globo.com

After the Brazilian Institute of Geography and Statistics (IBGE) release on Friday (29) that the Brazilian economy fell by 0.2% in the first quarter of 2015 compared to the last three months of 2014 parliamentary opposition accused President Dilma Rousseff have broken the country to win the election. Members of the governing coalition, however, say the result was expected because of the country’s economic time.

The economic downturn was driven by the negative performance of the services and industry sector as well as the retreat household consumption and investment. Early this year, which prevented an even greater fall in GDP was agriculture, according to IBGE data.

For the leader of the DEM in the House, Mendonça Filho (PE), the result of GDP shows a scene of “scorched earth” in the Brazilian economy. The opposition said that Dilma was “irresponsible” for the GDP fall because of decisions made during the election period.

“The population pays the government’s irresponsibility account Dilma to win the election, which threw the country a recession with high inflation and rising unemployment, “said Mendonça Filho.

” The situation is quite difficult. Brazil will take months to begin to recover if the government does the right thing, “he added .

PT leader in the House, Rep Sibá Machado (AC) said the result was within the expected, as the government goes through an adjustment of public accounts. “To grow, GDP needs the investment recovery. By the time the investment resume, GDP grows back,” he emphasized.

In Sibá Machado’s view, for now the remedy that the government used to try to revive the economy is in “processing”, referring to the fiscal adjustment measures recently approved by Congress. “The positive signal for the economy now,” assessed the PT.

The leader of the DEM in the Senate, Ronaldo Caiado (GO), also blamed Dilma management as guilty by negative GDP in the quarter . He said the president “used the machinery of government irresponsibly during the election campaign.”

“She wildly expanded spending to make up the country, saying that all was well. [...] Now , the country is simply paying to meet the will of one party and a president to stay in power, “shot Caiado.

The government leader in the House, Mr José Guimarães (PT-CE) said the result is “a great victory”, since, according to him, the opposition “touted” a far worse result than advertised.

“It’s a good size. The result makes clear that we are with control of the situation, President Dilma is holding the wave and fiscal adjustment measures will help to recover once our economy, “opined Guimarães.

” In Brazil, built a common sense say always ‘will fall, will fall,’ and when is a better result than propagandearam, the opposition even make a self-criticism. “