News Formal

Brazil's Lula stands by finance minister but rejects spending cuts targeting the poor

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Brazil's Lula stands by finance minister but rejects spending cuts targeting the poor

- Brazil's President Luiz Inacio Lula da Silva said on Saturday he is open to analyzing Finance Minister Fernando Haddad's spending cut proposals but emphasized that fiscal adjustments would not be made at the expense of the poor.

His remarks came after Haddad said he was focused on intensifying the spending cuts agenda, citing areas like excessive public salaries and unlawful benefits. "On the contrary, they celebrate with the central bank chief in Sao Paulo. Again, those attending the celebration must be profiting from the interest rate," he said.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

USDC issuer Circle increases Brazil footprint, partners with LatAm investment bank BTG PactualCircle announced its 'official' launch in Brazil amid the nation's central bank planning to release regulatory framework for crypto.
Källa: TheBlock__ - 🏆 464. / 53 Läs mer »