Brazil Finance Minister Warns of 'Painful Final Stretch' in Fiscal Reform
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View chart & analysis → - 1Brazil's Finance Minister Dario Durigan said the fiscal reform faces a 'painful final stretch'
- 2He cited curbing mandatory spending and adjusting pension privileges to address high interest rates, rising public debt, and record household leverage
- 3Since Lula took office in 2023, gross public debt has risen by more than 10 percentage points of GDP, and the lack of a debt stabilization path carries a high risk premium
This 3-line summary is compiled from the report below.
Reuters View original ↗
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