HomeBRAZILLULA'S REPEATED STATEMENTS DISTURB BRAZIL'S ECONOMIC SCENARIO

LULA’S REPEATED STATEMENTS DISTURB BRAZIL’S ECONOMIC SCENARIO

President Lula (PT) stated on Wednesday (03/07) that fiscal responsibility is a government commitment and that the Executive does not throw money away. The president made these statements during the launch event of the Safra Plan for family farming, just hours after meeting with Finance Minister Fernando Haddad at Palácio da Alvorada. Lula’s comments on fiscal commitment follow recent criticisms of what he described as the speculative game of the dollar’s rise. He also mentioned that he would not implement cost-cutting measures, such as decoupling social benefits from the minimum wage.

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