Lula and Haddad hold a meeting alone amid expectations of the announcement on spending cuts

by Andrea
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This was the first meeting between the two after a series of meetings with the participation of other members of the Budget Execution Board

Ricardo Stuckert/PR
The meeting was not included in the president’s official agenda nor in that of the Minister of Finance.

The president had a meeting this Monday afternoon (11) with the Minister of Finance, which was not included in his agenda or that of the minister. This was the first meeting between the two after a series of meetings with the participation of other members of the Budget Execution Board. Expectations surrounding the announcement of the spending cuts package are high.

Sources close to the Planalto Palace indicate that the responsibility for deciding on spending cuts now lies entirely with Lula. The government intended to publicize the new measures before the president’s trip to Rio de Janeiro, scheduled for the end of the week, where he will participate in the G20 summit, an event that Brazil is presiding over this year.

In the previous week, expectations surrounding the spending cut package increased, especially after statements by Haddad, who suggested that the measures would be announced later that week. However, the week ended with a significant meeting in Planalto, which did not result in concrete actions or the announcement of the expected measures.

*Report produced with the help of AI

Published by Carol Santos

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