In an address at the Tenth Legal Forum in Lisbon, Campos Neto said that Brazil's history of high inflation rates helped the nation adopt tools capable of tackling the issue.
The topic was raised following a statement by the country’s Economy Minister saying that the government is considering slashing up to 25 percent of the rate for the Tax on Industrialized Products.
In his view, due to this set of drivers, the post-pandemic scenario should delay Brazil’s transition into a green economy, and banks all across the world will have to be creative in how this transition will be financed.
“We will use every existing tool as they are needed, to have the inflation rates anchored in the medium and long runs,” Campos Neto said