The Brazilian Minister of Finance, Fernando Haddad, is preparing to leave his role to run for the governorship of São Paulo at the end of this week. His tenure has been marked by notable achievements, including the successful passage of various fiscal and tax reforms, alongside some conflicts with the National Congress. In a recent interview, Haddad defended his leadership, asserting that no progressive can justifiably accuse the government of lacking fairness, highlighting a commitment to tax justice as a core element of his administration.

During his time as minister, Haddad has championed reforms aimed at establishing fair taxation practices, notably the approval of regulations for taxing exclusive and offshore investment funds. Additionally, he enacted a reform of the income tax that exempts monthly earners below R$ 5,000, a move intended to alleviate financial strain on lower-income individuals. The government has also revived discussions surrounding tax reform, aiming to streamline the tax system and enhance compliance.

Economists generally commend Haddad's management during a period of considerable macroeconomic stability characterized by controlled inflation rates and declining unemployment levels. Furthermore, there has been a surge in investment, exemplified by the Ibovespa index reaching a historic high of 192,000 points. However, some analysts express concerns regarding the sustainability of public accounts, calling for vigilance in maintaining fiscal health even amidst apparent economic progress.