for business, change in the presidency can give new impetus to the country

in a statement, President of Itaú Unibanco Roberto Setubal reinforced the importance of remaking market confidence.
18/04/2016 10h04 - Updated 18/04/2016 10h30
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Businessmen and representatives of the class of the main entities in the country believe that the approval of the impeachment of President Dilma Rousseff in the House of Representatives may give a new impetus to the country, whether any new government is willing to put into practice the labor and tax reforms, about everything.

For Peter Wongtschowski, President of the Institute of Studies for Industrial Development (Iedi), the Vice President Michel Temer (PMDB) really commit to putting into practice the proposed program “A Bridge to the Future”, there will be a renewal of hope for Brazil, to be reconstructed slowly. “The state has stopped working. It's needed, now, review the programs and promote tax adjustment.”

in a statement, President of Itaú Unibanco Roberto Setubal reinforced the importance of remaking market confidence. “I hope that the country find their way in a democratic environment and broad understanding, it will be essential to restore confidence in the economic agents, base to pull the country out of recession and resume economic growth.”

Jose Velloso, executive president of the Brazilian Association of Machinery and Equipment (Abimaq), He says the change could be positive for the resumption of investment and employment. “Last (the approval) do impeachment (Senate), the new government has to prioritize three important points: tax reforms, labor and politics. Without the labor and tax reforms, there is high risk of creating new jobs in Brazil.”

In evaluating Carlo Bottarelli, President of Triunfo Participações e Investimentos (TPI), company that holds the concession of infrastructure assets, the situation going forward will not be easy. But, at least, the country will be able to adopt measures necessary for the resumption of growth. “We do not go out of the problem, but the bias has changed. Now, we are able to approve something”, says executive. According to him, However, the road to recovery will be long and painful.

The president of the Paulista Association of Construction Entrepreneurs (Apeop), Luciano Amadio, expects Michel Temer has been prepared to do what has to be done quickly, if not he will also suffer pressure. “Not an easy task, You have to cut spending, address the issue of States and put away money to invest”, said. “Let's hope something new to happen and that the country will react.”

resumption – A news conference, the president of Fiesp and Ciesp, Paulo Skaf, He said he hoped the end of the impeachment process to occur as soon as possible, which would allow the resumption of confidence. “Thereby, the wheel of the economy back to walking, creating jobs, development, investments.” Skaf stressed that the process has taken place within the constitutional provisions, step by step, and it can not be called a coup.

The president of the Retailers Association Shopping Brazil (Alshop), Nabil Sahyoun, it is important that the country be united by economic recovery. “We have to make a smooth transition, at a time when the purchasing power is much lower, inflation is high and delinquency progresses.” Sahyoun also argued that a new cabinet is formed by specialists, rather than political choices, and that the measures to be taken are discussed with business.


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