Lula Defends Fiscal Policy, But Minimizes Concern with Brazilian Public Debt
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President compares Brazilian debt to global powers and conditions balance of accounts to the maintenance of investments and social policies.
President Luiz Inácio Lula da Silva (PT) defeated on Friday, 6th, the charges of economists and the financial market for cuts in public spending. During a meeting of the National Council of Energy Policy, in the Ministry of Mines and Energy, the petist defended the government's fiscal policy and stated that the low-income population will not be subjected to sacrifices to balance public accounts. Lula questions criticism of fiscal policy Lula que…
President rebutted pressure on public debt and said it is necessary to analyze how he received the government of former President Jair Bolsonaro before questioning the economic results The post With public debt of R$ 11 trillion, Lula compares Brazil to other countries and says that ‘not all that appears' appeared first in ND More
Forbes, the world's most renowned business and economic magazine. Amid the pressure of markets for signs of adjustment in public accounts, president says the poorest will not pay the bill and questions the country's debt indicators The post Lula Defense Fiscal Policy, But Minimize Concern with Brazilian Public Debt appeared first in Forbes Brazil.
President Luiz Inácio Lula da Silva said on Friday that his government has fiscal responsibility, but that it also takes into account social responsibility, in the midst of pressures for the announcement of adjustment measures and the fall of Brazilian assets in the financial markets after its re-election in late October. In speech during the meeting [...]
Lula, in her speech, stressed that the evaluation of the Brazilian public debt often includes elements that distort the economic reality of the country.
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