Rio's interim governor sees easy fix for state's 'acorn,' aims for R$2 billion savings

Rio de Janeiro's interim governor, Ricardo Couto, described his role as tackling a "tough nut to crack" but expressed confidence that the state's problems are easily solvable with sound management. Since assuming office in late April, Couto, who presides over the state's Court of Justice and is fourth in the line of succession, has been working primarily from the court, only visiting the governor's palace for specific meetings.

Couto estimates he has already saved over R$2 billion through personnel cuts and aims to dismiss 6,000 non-career employees. He is also focused on recovering funds from the state's pension fund, Rioprevidência. He has identified and blocked R$1.4 billion of a R$3 billion investment made by Rioprevidência in Banco Master, expecting to recoup at least 80% of this amount.

The governor addressed the legal and political complexities surrounding his interim position. He acknowledged a debate about who should hold the governorship if the state legislature's president, who is also a candidate in upcoming elections, were to assume the role. Couto emphasized the need for continuity and stability, suggesting that a change in leadership close to an election could create uncertainty.

Despite the challenges, Couto remains optimistic about Rio de Janeiro's future. He stated that the state "has a solution" and that it is "easy, easy." His approach prioritizes efficient management and fiscal responsibility to steer the state toward recovery.