For the Minister of Finance, Fernando Haddad, the economic team of a possible fourth term of President Luiz Inácio Lula da Silva (PT) will be able to grow and reduce the debt trajectory with “half the effort” employed by his team.
The head of the economic department spoke this Saturday (21) at the Opening Conference of the Business Forum, held in the Asian country.
“If in the next term, we make just half the effort made so far to correct the imbalance in our internal accounts, we will be able to stabilize the public debt trajectory and substantially reduce interest rates to allow for an even stronger development cycle than the current one,” he said.
In 2025, the rose 18%. The amount went from R$7.316 trillion, at the end of 2024, to R$8.635 trillion, driven by the strong volume of interest, added to the issuance of public bonds.
During the event in India, Haddad stated that Brazil reconciles the lowest unemployment rate in history with sustainable economic growth. For this year, the Ministry of Finance estimates that Brazil’s GDP (Gross Domestic Product) .
In the opinion of the head of the economic department, Brazil has great potential to attract international investments due to its clean energy matrix and the implementation of tax reform starting next year.
“Our international reserves are a protective cushion that keeps the economy functioning well despite external shocks,” he added.