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March 26, 2021

Brazil business leaders attack Bolsonaro’s handling of Covid crisis

By Paul Dennis

26 March

Adam Tooze, a historian and director of the European Institute, shared an article on the rising conflict between hundreds of Brazilian private sector leaders and president Jair Bolsonaro’s mishandling of the Covid-19 crisis.

Prominent leaders including the central bank chief, economists, and bankers, signed an open letter to the Brazilian government demanding stronger Covid-19 action such as implementing a mask mandate and speeding up vaccinations, as the country’s death tolls mounts.

According to official data, approximately 300,000 Brazilians have died from Covid-19, the second highest toll after the US.

Brazil is currently witnessing a brutal second wave of Covid-19 infections, with overwhelmed hospitals and some even facing shortages of critical equipment and oxygen.

The country’s data reported 3,251 deaths in a single day this week, the highest daily toll since the Covid-19 outbreak in March 2020.

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The business leaders’ letter was published after Verde Asset Management criticised the government in a letter to investors for failing to acquire coronavirus vaccines on time.

Experts from the financial sector believe that the government should follow science and implement the necessary steps to tackle the pandemic.

For example, the federal government should implement effective lockdowns, increase the supply of vaccines, and distribute masks for free.

Data further revealed that less than 8% of the Brazilian population has received the first dose of the vaccine, despite rapid immunisation programmes.

Critics have stated that slow implementation and disorganisation within the country’s health ministry has led to the mishandling of the crisis.

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