What Ronaldo Caiado said about reduce spending in the 4% of the federal budget under presidential control

Ronaldo Caiado: Lead by example: I'll cut to the bone.

Ronaldo Caiado: As I cut transfers to the branches and to the Executive by 25%.

Secondly... I cut incentives that were overlapping amounting to 3 billion reais.

Ronaldo Caiado: At the same time, I carried out a pension reform to be able to recover the condition of not having an ever-growing hole, what we used to discuss, which is the rebalancing of the pension system in Brazil.

Ronaldo Caiado: And from there it's a matter of bringing interest rates to compatible levels.