Fernando Haddad, Brazil’s Finance Minister, has indicated plans for substantial budget cuts totaling R$ 70 billion ($12.3 billion) over the next two years. The proposal aims to reduce government spending by R$ 30 billion in 2025 and R$ 40 billion in 2026. The government faces pressure to announce a fiscal adjustment package. In recent weeks, […]
Brazil’s Finance Minister Signals Significant Budget Cuts for 2025-2026
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