“There is consensus on fiscal rules”, says Haddad about cuts

by Andrea
0 comments

Finance Minister Fernando Haddad said this Wednesday morning (6) that he believes that the meetings to define government spending cuts have been concluded. “I believe that yesterday we finished the round of meetings requested by President Lula. We will have a conversation with him as soon as he is informed that the Finance and Planning work is completed,” said Haddad. On Monday (4), Haddad guaranteed that the details will be.

“The ministers are all very aware of the task that lies ahead”, assured Haddad, highlighting that there is a “consensus” on compliance with fiscal rules. In the conversations, according to the minister, there was a conclusion about the importance of the fiscal framework for the “predictability of financial sustainability in the medium and long term”.

After the end of the government meetings, the definitions made regarding the spending cuts should also be the subject of a “prior conversation” between President Lula and the presidents of the Chamber and the Senate.

SEE ALSO:

  • Pressured to cut spending, Lula finds himself between displeasing allies and calming the market
  • Spending cuts will be finalized in the afternoon and announced this week, says Haddad

Haddad on the consequences of Trump’s victory in the USA: “the day dawned more tense”

Asked about the consequences of Trump’s victory in the US election, Haddad said that “the day dawned more tense in the world” due to the speeches made during the campaign. He considered, however, that Trump could adopt a “more moderate” speech after assuming the new term.

“Sometimes things don’t translate the way they were announced and the speech [de Trump] after the first results it is already more moderate than the campaign. We have to wait and take care of our home, so that Brazil is as little affected as possible, despite the external scenario.

source

You may also like

Leave a Comment

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC