Contrary to most Brazilian states, Mato Grosso do Sul (MS) increased investments by more than 20% from 2015 to 2019. The information was published this Thursday (6.2) by the newspaper Valor Econômico.
According to Governor Reinaldo Azambuja, the increase in investments, mainly in priority areas such as health, public safety and education, was possible due to tough and even unpopular measures.
Pension Reform
Such as pension and administrative reforms and the renegotiation of contracts. In addition to Mato Grosso do Sul, the states of Paraná, Espírito Santo and Alagoas had the same success.
“We are very happy because while Brazil grew 1.9% in GDP [Gross Domestic Product] in 2017, Mato Grosso do Sul (MS) grew 4.7%. So, we grew five times more than Brazil. This means that State is on the right track.
We have taken steps together, society and the government, to provide a development axis in all areas. The state is growing in industry, agriculture, services and commerce. And this is good because it brings growth and generates jobs, development and opportunities,” said the governor.
GDP
The Gross Domestic Product generated by Mato Grosso do Sul was R$1.4T 96.372 billion, resulting in a GDP per capita in 2017 of R$1.4T 35,520.45 – the eighth highest per capita value among the other Brazilian states.
GDP is the sum of all goods and services produced in a given location.
The growth of Mato Grosso do Sul (MS) is the result, in part, of the economic development policy.
Although with the promotion of modernization, use of science and technology and increased agricultural productivity.
Also austerity measures implemented by the government – administrative reforms (with the extinction of six secretariats) and state social security reforms, establishment of spending limits for all branches of government and the renegotiation of the state's debt.