Brazilian markets experienced a decline following comments by President Lula on fiscal balance. Brazil's Finance Minister Fernando Haddad is facing challenges balancing the president's spending goals with investor demands for fiscal discipline. Haddad seeks Senate consensus for compensating tax benefits.
🔵 BRAZIL'S HADDAD SEEKS QUICK SENATE CONSENSUS FOR COMPENSATION OF TAX BENEFITS Brazil's Finance Minister Fernando Haddad said on Thursday the government aims to quickly reach a consensus with the Senate to find a fiscal solution to offset payroll tax benefits. Full Story via…
⚠️ BRAZIL'S PRESIDENT LULA SAYS HADDAD IS A GREAT MINISTER
After 18 months walking a delicate tightrope between a president who wants to spend and investors demanding fiscal discipline, Brazil Finance Minister Fernando Haddad is starting to lose his balance. @beckmartha on the worst moment of Haddad's tenure: https://t.co/8dQ28jg7Lo
After 18 months walking a delicate tightrope between a president who wants to spend and investors demanding fiscal discipline, Brazil’s finance minister is starting to lose his balance https://t.co/gj3KPiwMCg
Brazilian Markets Sink After Lula’s Comments on Fiscal Balance https://t.co/riFMotKdiQ