IBOV 175,334.46 ▲ 0.74% IPSA 10,964.11 ▲ 0.12% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,305,316 — 0.00% COLCAP 2,282.91 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL5.12▲ 0.13% USD/MXN17.45▼ 0.01% USD/CLP936.66▼ 0.34% USD/COP3,200▼ 0.53% USD/PEN3.40▼ 0.03% USD/ARS1,499▲ 0.13% USD/UYU40.20▲ 1.42% USD/PYG6,020▲ 1.46% USD/BOB11.30▲ 3.36% USD/DOP57.82▲ 0.47% USD/CRC449.99▲ 1.60% USD/GTQ7.62▲ 2.22% USD/HNL26.76▲ 1.54% USD/NIO36.62▲ 0.69% USD/VES740.95▼ 0.05% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.07% USD/TTD6.75▲ 1.25% EUR/BRL5.83▲ 0.77% BRENT 86.85 ▼ 1.71% WTI 81.48 ▼ 1.37% IRON ORE 161.91 — — COPPER 6.31 ▼ 0.49% GOLD 4,025 ▼ 1.22% SILVER 57.06 ▼ 2.41% SOY 1,214 ▲ 0.46% CORN 478.25 ▲ 5.87% WHEAT 660.50 ▲ 0.08% COFFEE 337.55 ▲ 4.01% SUGAR 14.55 ▼ 0.21% ORANGE JUICE 136.40 ▼ 3.57% COTTON 79.91 ▲ 0.72% COCOA 5,082 ▼ 0.35% BEEF 219.20 ▼ 2.68% CATTLE 333.70 ▼ 1.35% LITHIUM 66.40 ▼ 3.25% PETR4 41.22 ▲ 0.51% VALE3 75.22 ▼ 0.62% ITUB4 42.85 ▲ 0.37% BBDC4 18.88 ▲ 0.91% ABEV3 16.27 ▲ 2.59% BBAS3 20.66 ▲ 0.78% B3SA3 15.94 ▲ 1.40% WEGE3 46.79 ▲ 0.84% PRIO3 56.11 ▲ 0.72% SUZB3 42.78 ▲ 2.17% RENT3 38.29 ▲ 1.51% AZZA3 17.34 ▲ 1.34% CSAN3 4.02 ▲ 1.77% RAIZ4 0.25 ▼ 3.85% PCAR3 2.76 ▲ 0.73% GMAT3 3.91 ▲ 2.09% PSSA3 54.70 ▲ 0.76% CVCB3 1.35 ▼ 0.74% POSI3 3.58 ▲ 1.70% SLCE3 13.33 ▼ 0.37% NATU3 8.44 ▼ 0.59% BRKM5 6.13 ▲ 0.82% RANI3 8.06 ▲ 1.64% CSNA3 5.64 ▼ 1.23% CMIN3 5.89 ▲ 1.55% USIM5 8.64 ▲ 0.35% GGBR4 24.82 ▲ 1.39% ENEV3 25.81 ▲ 1.33% CPFE3 45.89 ▲ 2.55% CMIG4 11.30 ▲ 1.16% EQTL3 39.42 ▲ 1.60% LREN3 13.88 ▲ 1.09% VIVT3 34.59 ▼ 4.21% RAIL3 13.99 ▲ 1.38% KLABIN 18.14 ▲ 2.60% RAIA DROGASIL 18.51 ▲ 1.87% RDOR3 34.09 ▲ 1.46% HAPV3 10.41 ▲ 2.16% FLRY3 16.78 ▲ 1.51% SMTO3 14.39 ▼ 1.91% UGPA3 32.37 ▲ 0.87% VBBR3 35.26 ▲ 2.20% BBSE3 40.92 ▲ 0.94% BPAC11 56.54 ▲ 1.78% CURY3 30.56 ▲ 0.56% AERI3 2.07 ▲ 0.98% VIVARA 22.38 ▲ 1.68% COMPASS 25.38 ▲ 0.32% VAMOS 3.23 ▲ 1.89% SANB11 27.58 ▲ 0.80% ASAI3 8.25 ▲ 1.73% SBSP3 29.19 ▲ 1.11% WALMEX 48.60 ▲ 0.41% GMEXICO 208.01 ▼ 0.71% FEMSA 227.82 ▼ 1.38% CEMEX 21.38 ▲ 0.05% GFNORTE 195.92 ▼ 0.26% BIMBO 59.26 ▲ 0.25% TELEVISA 10.07 ▲ 1.92% AMX 22.37 ▼ 0.40% GAP 374.98 ▼ 0.17% ASUR 267.19 ▼ 0.51% OMA 227.11 ▼ 0.71% KOF 187.00 ▼ 1.41% GRUMA 268.84 ▲ 0.12% KIMBER 39.96 ▲ 0.15% SQM-B 63,450 ▼ 1.86% COPEC 6,324 ▲ 1.20% BSANTANDER 81.45 ▲ 0.84% FALABELLA 6,199 ▲ 0.71% ENELAM 85.95 ▲ 0.07% CENCOSUD 1,925 ▲ 0.52% CMPC 1,040 ▲ 0.05% BANCO CHILE 193.36 ▲ 0.05% LATAM AIR 24.91 ▲ 1.26% YPF 81,225 — 0.00% GGAL 7,805 ▼ 1.95% PAMPA 5,450 ▼ 0.46% TXAR 674.50 ▲ 0.07% ALUAR 987.00 ▲ 0.25% TGS 9,630 ▼ 0.82% CEPU 2,389 ▲ 0.25% MIRGOR 16,825 ▲ 1.82% COME 42.38 ▼ 0.19% LOMA NEGRA 3,675 ▼ 0.88% BYMA 301.50 ▼ 0.41% TELECOM ARG 4,400 ▼ 2.00% ECOPETROL 15.70 ▼ 0.66% BANCOLOMBIA 88.50 ▲ 0.65% GRUPO AVAL 4.71 ▼ 2.28% CREDICORP 388.10 ▼ 0.74% SOUTHERN COPPER 172.13 ▼ 4.01% BUENAVENTURA 30.66 ▼ 3.35% MERCADOLIBRE 1,852 ▲ 1.78% NUBANK 14.49 ▼ 0.31% XP 16.71 ▼ 0.18% PAGSEGURO 9.35 ▼ 0.32% STONE 10.83 ▼ 0.55% GLOBANT 34.26 ▲ 4.96% TECNOGLASS 46.55 ▲ 2.57% GAP AIRPORT 214.44 ▼ 0.85% ASUR 267.19 ▼ 0.51% OMA AIRPORT 104.44 ▼ 0.34% AMX ADR 25.70 — 0.00% FEMSA ADR 130.80 ▼ 1.03% CEMEX ADR 12.18 ▼ 0.16% PETROBRAS ADR 18.12 ▲ 0.64% VALE ADR 14.65 ▼ 0.91% ITAU ADR 8.37 ▼ 0.06% SANTANDER BR 5.49 ▲ 0.92% AMBEV ADR 3.14 ▲ 2.29% CSN 1.12 ▼ 0.45% GERDAU 4.87 ▲ 0.84% LATAM ADR 51.96 ▼ 0.67% BTC 63,026 ▼ 1.10% ETH 1,872 ▼ 0.98% SOL 72.62 ▼ 2.05% XRP 1.05 ▼ 1.47% BNB 565.08 ▼ 0.12% ADA 0.16 ▲ 0.50% DOGE 0.07 ▼ 1.11% AVAX 6.41 ▲ 0.22% LINK 8.24 ▼ 1.50% DOT 0.75 ▼ 0.31% LTC 46.09 ▲ 0.20% BCH 210.20 ▼ 0.72% TRX 0.32 ▼ 0.15% XLM 0.17 ▼ 0.81% HBAR 0.07 ▼ 0.99% NEAR 1.63 ▼ 3.35% ATOM 1.29 ▼ 0.78% AAVE 97.26 ▼ 0.60% SELIC 14.25% EMBRAER 86.30 ▼ 0.69% EMBRAER ADR 67.29 ▼ 1.03% JBS 14.13 ▲ 4.28% JBS BDR 72.23 ▲ 4.33% MBRF3 16.20 ▲ 1.95% MBRFY 3.09 ▲ 8.04% INTER 5.55 ▼ 0.18% EGX 53,730 ▲ 0.18% USD/ZAR 16.74 — 0.00% USD/NGN1,363▼ 0.09% NIKKEI 62,365 ▼ 3.95% CSI300 4,570 ▼ 2.83% HSI 25,311 ▲ 0.41% NIFTY 23,985 ▼ 0.04% KOSPI 6,024 ▼ 10.84% JCI 6,131 ▼ 0.89% USD/JPY163.83▲ 0.05% USD/CNY6.76▼ 0.08% DAX 25,365 ▲ 0.01% CAC 8,425 ▲ 0.23% FTSE 10,841 ▲ 0.55% MIB 51,724 ▼ 0.64% IBEX 19,735 ▼ 0.03% STOXX 645.21 ▲ 0.09% EUR/USD1.14▲ 0.04% GBP/USD1.33▼ 0.37% SPX 7,394 ▼ 0.26% DJI 52,568 ▲ 0.69% NDX 27,541 ▼ 1.78% RUT 2,935 ▼ 0.44% TSX 35,428 ▼ 0.40% VIX 19.34 ▲ 3.59% USD/CAD1.41▼ 0.18% US10Y 4.6260 ▼ 0.32% IBOV 175,334.46 ▲ 0.74% IPSA 10,964.11 ▲ 0.12% IPC MEX 67,183.26 ▲ 1.20% MERVAL 3,305,316 — 0.00% COLCAP 2,282.91 ▲ 0.37% BVL PERÚ 57,237.60 — — USD/BRL 5.12 ▲ 0.13% USD/MXN 17.45 ▼ 0.01% USD/CLP 936.66 ▼ 0.34% USD/COP 3,200 ▼ 0.53% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,499 ▲ 0.13% USD/UYU 40.20 ▲ 1.42% USD/PYG 6,020 ▲ 1.46% USD/BOB 11.30 ▲ 3.36% USD/DOP 57.82 ▲ 0.47% USD/CRC 449.99 ▲ 1.60% USD/GTQ 7.62 ▲ 2.22% USD/HNL 26.76 ▲ 1.54% USD/NIO 36.62 ▲ 0.69% USD/VES 740.95 ▼ 0.05% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.07% USD/TTD 6.75 ▲ 1.25% EUR/BRL 5.83 ▲ 0.77% BRENT 86.85 ▼ 1.71% WTI 81.48 ▼ 1.37% IRON ORE 161.91 — — COPPER 6.31 ▼ 0.49% GOLD 4,025 ▼ 1.22% SILVER 57.06 ▼ 2.41% SOY 1,214 ▲ 0.46% CORN 478.25 ▲ 5.87% WHEAT 660.50 ▲ 0.08% COFFEE 337.55 ▲ 4.01% SUGAR 14.55 ▼ 0.21% ORANGE JUICE 136.40 ▼ 3.57% COTTON 79.91 ▲ 0.72% COCOA 5,082 ▼ 0.35% BEEF 219.20 ▼ 2.68% CATTLE 333.70 ▼ 1.35% LITHIUM 66.40 ▼ 3.25% PETR4 41.22 ▲ 0.51% VALE3 75.22 ▼ 0.62% ITUB4 42.85 ▲ 0.37% BBDC4 18.88 ▲ 0.91% ABEV3 16.27 ▲ 2.59% BBAS3 20.66 ▲ 0.78% B3SA3 15.94 ▲ 1.40% WEGE3 46.79 ▲ 0.84% PRIO3 56.11 ▲ 0.72% SUZB3 42.78 ▲ 2.17% RENT3 38.29 ▲ 1.51% AZZA3 17.34 ▲ 1.34% CSAN3 4.02 ▲ 1.77% RAIZ4 0.25 ▼ 3.85% PCAR3 2.76 ▲ 0.73% GMAT3 3.91 ▲ 2.09% PSSA3 54.70 ▲ 0.76% CVCB3 1.35 ▼ 0.74% POSI3 3.58 ▲ 1.70% SLCE3 13.33 ▼ 0.37% NATU3 8.44 ▼ 0.59% BRKM5 6.13 ▲ 0.82% RANI3 8.06 ▲ 1.64% CSNA3 5.64 ▼ 1.23% CMIN3 5.89 ▲ 1.55% USIM5 8.64 ▲ 0.35% GGBR4 24.82 ▲ 1.39% ENEV3 25.81 ▲ 1.33% CPFE3 45.89 ▲ 2.55% CMIG4 11.30 ▲ 1.16% EQTL3 39.42 ▲ 1.60% LREN3 13.88 ▲ 1.09% VIVT3 34.59 ▼ 4.21% RAIL3 13.99 ▲ 1.38% KLABIN 18.14 ▲ 2.60% RAIA DROGASIL 18.51 ▲ 1.87% RDOR3 34.09 ▲ 1.46% HAPV3 10.41 ▲ 2.16% FLRY3 16.78 ▲ 1.51% SMTO3 14.39 ▼ 1.91% UGPA3 32.37 ▲ 0.87% VBBR3 35.26 ▲ 2.20% BBSE3 40.92 ▲ 0.94% BPAC11 56.54 ▲ 1.78% CURY3 30.56 ▲ 0.56% AERI3 2.07 ▲ 0.98% VIVARA 22.38 ▲ 1.68% COMPASS 25.38 ▲ 0.32% VAMOS 3.23 ▲ 1.89% SANB11 27.58 ▲ 0.80% ASAI3 8.25 ▲ 1.73% SBSP3 29.19 ▲ 1.11% WALMEX 48.60 ▲ 0.41% GMEXICO 208.01 ▼ 0.71% FEMSA 227.82 ▼ 1.38% CEMEX 21.38 ▲ 0.05% GFNORTE 195.92 ▼ 0.26% BIMBO 59.26 ▲ 0.25% TELEVISA 10.07 ▲ 1.92% AMX 22.37 ▼ 0.40% GAP 374.98 ▼ 0.17% ASUR 267.19 ▼ 0.51% OMA 227.11 ▼ 0.71% KOF 187.00 ▼ 1.41% GRUMA 268.84 ▲ 0.12% KIMBER 39.96 ▲ 0.15% SQM-B 63,450 ▼ 1.86% COPEC 6,324 ▲ 1.20% BSANTANDER 81.45 ▲ 0.84% FALABELLA 6,199 ▲ 0.71% ENELAM 85.95 ▲ 0.07% CENCOSUD 1,925 ▲ 0.52% CMPC 1,040 ▲ 0.05% BANCO CHILE 193.36 ▲ 0.05% LATAM AIR 24.91 ▲ 1.26% YPF 81,225 — 0.00% GGAL 7,805 ▼ 1.95% PAMPA 5,450 ▼ 0.46% TXAR 674.50 ▲ 0.07% ALUAR 987.00 ▲ 0.25% TGS 9,630 ▼ 0.82% CEPU 2,389 ▲ 0.25% MIRGOR 16,825 ▲ 1.82% COME 42.38 ▼ 0.19% LOMA NEGRA 3,675 ▼ 0.88% BYMA 301.50 ▼ 0.41% TELECOM ARG 4,400 ▼ 2.00% ECOPETROL 15.70 ▼ 0.66% BANCOLOMBIA 88.50 ▲ 0.65% GRUPO AVAL 4.71 ▼ 2.28% CREDICORP 388.10 ▼ 0.74% SOUTHERN COPPER 172.13 ▼ 4.01% BUENAVENTURA 30.66 ▼ 3.35% MERCADOLIBRE 1,852 ▲ 1.78% NUBANK 14.49 ▼ 0.31% XP 16.71 ▼ 0.18% PAGSEGURO 9.35 ▼ 0.32% STONE 10.83 ▼ 0.55% GLOBANT 34.26 ▲ 4.96% TECNOGLASS 46.55 ▲ 2.57% GAP AIRPORT 214.44 ▼ 0.85% ASUR 267.19 ▼ 0.51% OMA AIRPORT 104.44 ▼ 0.34% AMX ADR 25.70 — 0.00% FEMSA ADR 130.80 ▼ 1.03% CEMEX ADR 12.18 ▼ 0.16% PETROBRAS ADR 18.12 ▲ 0.64% VALE ADR 14.65 ▼ 0.91% ITAU ADR 8.37 ▼ 0.06% SANTANDER BR 5.49 ▲ 0.92% AMBEV ADR 3.14 ▲ 2.29% CSN 1.12 ▼ 0.45% GERDAU 4.87 ▲ 0.84% LATAM ADR 51.96 ▼ 0.67% BTC 63,026 ▼ 1.10% ETH 1,872 ▼ 0.98% SOL 72.62 ▼ 2.05% XRP 1.05 ▼ 1.47% BNB 565.08 ▼ 0.12% ADA 0.16 ▲ 0.50% DOGE 0.07 ▼ 1.11% AVAX 6.41 ▲ 0.22% LINK 8.24 ▼ 1.50% DOT 0.75 ▼ 0.31% LTC 46.09 ▲ 0.20% BCH 210.20 ▼ 0.72% TRX 0.32 ▼ 0.15% XLM 0.17 ▼ 0.81% HBAR 0.07 ▼ 0.99% NEAR 1.63 ▼ 3.35% ATOM 1.29 ▼ 0.78% AAVE 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In-Depth - Brazil Life & Society

100 Days of Bolsonaro Administration: Campaign Promises

By · April 10, 2019 · 3 min read

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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – As President Jair Bolsonaro’s administration marks its 100 days in office, analysts take a look at promises made during the 2018 Presidential campaign.

Brazil,President Jair Bolsonaro kept more campaign promises than his predecessors during the first 100 days of his presidency
President Jair Bolsonaro kept more campaign promises than his predecessors during the first 100 days of his presidency, photo by Valter Campanato/Agencia Brasil.
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In the first 100 days, the Bolsonaro administration made good on twelve of its 58 promises, performing better than the administrations of Michel Temer (three of twenty promises) and Dilma Rousseff (five of fifty-five promises).

“The government of the world’s fifth largest country in just under 100 days has done everything and will do much more to make the population feel it is being served. This is the line of our efforts,” said Bolsonaro on his social media account.

Of the twelve promises, five are in the economic realm. His promises of not raising taxes and not reintroducing the tax over financial transactions (CPMF) were fulfilled during his first three months in office.

The promise of reducing import taxes was met by the reduction of machinery and equipment for the chemical sector, and the government did allow Petrobras to maintain its price practicing policy based on international market fluctuations.

One of the most positive results came from Bolsonaro’s promise to turn over a number of infrastructure projects at a standstill due to a lack of public funds or inefficient management to the private sector.

In these first 100 days, the government granted twenty-three private infrastructure projects – including airports, ports, and highways – to the private sector, a decision which should generate R$6.7 billion in investments during the next 30 years.

“Our focus is logistics; to bring investments, reduce the ‘Cost Brazil’,” said Infrastructure Minister Tarcisio Gomes de Freitas after the latest auction to pass several port terminals over to the private sector.

Other promises kept included the reduction in the number of ministries – it went from twenty-nine to twenty-two – and the reduction of the number of public servants. A decree signed in March determined the dismissal of over twenty-one thousand public employees, third-party employees, and fixed contract employees from public entities.

One of the most controversial promises made during the campaign was the easing of gun control laws. In January, just shy of completing a month in office, Bolsonaro sent to Congress a bill that would flex restrictions on the acquisition of firearms by the population.

Two other promises already causing heated debates within the Brazilian Congress are Justice Minister Sergio Moro’s anti-crime bill and the Economy Minister Paulo Guedes’ social security reform bill.

As President Bolsonaro reaches his 100th day in office, several other promises made during the 2018 campaign are well underway to be completed, added government officials.

Right-wing candidate, Jair Bolsonaro, made several campaign promises which have yet to be fulfilled
Right-wing candidate, Jair Bolsonaro, made several campaign promises which have yet to be fulfilled, photo internet reproduction.

So despite the heavy criticism received from opposition parties and NGO groups on his stance on issues like human rights and the 1964-1985 military ruled era in Brazil, many analysts this week admit that Bolsonaro has indeed made good on many more campaign promises than his predecessors.

Promises not yet fulfilled

Bolsonaro, however, has not fulfilled several of his promises, among them to end re-election for president, reduce the number of representatives in Congress, reduce debt volume by twenty percentage.

The President also has not been able to implement a military college in every state capital of the country, to reduce environmental licensing authorization time and to transfer embassy from Brazil to Israel to Jerusalem.

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