The tax measures announced on Tuesday (24) by the economic team of the Federal Government are positive and show a new direction with a focus on long-term balance of public accounts. The evaluation made by the National Industry Confederation (CNI), is that actions have structuring effect and may have permanent impact on the rate of growth of public spending.

"The government sees to invest in pension reform, to modernize the governance of the state pension funds and to review the obligation of Petrobras for investments in the pre-salt. It is also significant that has not been included in the increase package tax burden. There is no room in the Brazilian economy to increase rates or creation of new taxes, "says the president of CNI, Robson Braga de Andrade.

In the evaluation of CNI will also have positive impact on control of public debt growth imposing limits on the increase in current expenditure in the Union budget, the use of resources of the Sovereign Wealth Fund and the advance payment of BNDES loans to the National Treasury.

Along with the long-term fiscal adjustment, however, the industry proposes to be adopted measures to increase the competitiveness of the economy. CNI gave the President of the Republic, Michel Temer, the agenda document for Brazil out of the 2016-2018 crisis with 36 proposals for fiscal impact and competitiveness. These include the regulation of outsourcing workers, negotiating trade agreements and increased private participation in water and sewage services, among others.