Brazil’s chief of staff confirmed that the government will not pursue extraordinary measures for economic growth and will stick to fiscal rules with optimism about the currency’s strength. Rui Costa emphasized the importance of fiscal discipline at a recent investment event.
Brazilian President Luiz Inacio Lula da Silva’s chief of staff Rui Costa announced that the Brazilian government will not implement any exceptional measures to stimulate economic growth. He emphasized the administration’s ongoing commitment to adhering to the country’s fiscal framework while indicating that all necessary actions would be taken to ensure compliance with fiscal rules. Costa expressed a positive outlook regarding the strength of the Brazilian currency during remarks at an event organized by investment bank BTG Pactual.
The Brazilian government, under President Lula, remains focused on maintaining fiscal discipline without extraordinary economic interventions. Chief of staff Rui Costa reassured the public of the administration’s readiness to take required actions to uphold fiscal rules while showing confidence in the national currency’s stability.
Original Source: money.usnews.com
