Brazil's President Luiz Inácio Lula da Silva said on 27 August that public debt trajectory is not a concern for him in a potential new term. The statement signals his administration's stance on fiscal policy ahead of potential re-election.
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Brazil's Lula says public debt is not a concern in a potential new term Reuters
SAO PAULO, Aug 27 - Brazil's President Luiz Inacio Lula da Silva said on Thursday that the trajectory of the country's public debt is not a concern for him in a potential new term, arguing the government's fiscal scenario has improved since he took office in 2023 and the country is on track to a primary surplus this year.