Analyzed statement

What Flavio Bolsonaro said about reduce the Selic rate

About: reduce the Selic rate

Flavio Bolsonaro: Why is agribusiness struggling today?

Flavio Bolsonaro: Because under President Bolsonaro's government they could take out financing at a very low interest rate.

The interest rate in Brazil under Bolsonaro reached below 2% per year, Igor.

Flavio Bolsonaro · 0:51

Flavio Bolsonaro: Today it's 15% per year.

Flavio Bolsonaro: So people went into debt, they could afford to pay, but then the pandemic hit and all that, and this current government arrived, this total lack of control.

Why it was classified this way · 75% confidence

Reports that Selic was below 2% in the past — factual information.

Excerpt from a public video, transcribed and classified by AI. See the Methodology