Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
Cyrela Brazil Realty is the largest residential real estate developer in Brazil. Considered one of the m...
Today, Banco do Brasil is the largest financial institution in the Country with 24.4 million clients and ...
CPFL Energia is a holding company in Brazilian electricity sector, operating through its subsidiaries in ...
Copersucar S.A. is the largest Brazilian sugar, ethanol and bioenergy company and a significant player in...

Measures with FGTS will inject R $ 48.2 billion into the economy

Economic growth

Data reveal that the most significant measure is the inactive withdrawal from FGTS, which will inject alone R $ 34.5 billion into the economy

With the injection of R $ 48.2 billion into the economy, incentive measures with the use of the FGTS should have a positive impact of about 0.7 percentage points on the Gross Domestic Product (GDP) ) Of 2017. The estimate was disclosed by the Secretariat of Planning and Economic Affairs (Seplan) of the Ministry of Planning.

According to data from Seplan, the measure with the greatest impact is the withdrawal of inactive accounts from the FGTS, which will inject alone R $ 34.5 billion into the Brazilian economy and have a GDP effect of 0.48 percentage point.

The federal government announced the withdrawal of inactive accounts as a way to accelerate economic growth with direct impacts on the economy in the short term. The draws have been released since last Friday (10) and follow a schedule that runs through June 31.

Besides the withdrawal of inactive accounts, the change in parameters in the Minha Casa Minha vida program has the potential to inject R $ 8.6 billion into the economy. The use of FGTS for real estate acquisition of up to R $ 1.5 million will have an impact of R $ 4.9 billion.

Source: Portal Brasil, with information from the Ministry of Planning