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Bloomberg

Lula Unveils Plan to Curb Spending Growth in Bid to Calm Fiscal Worries

Wednesday, November 11, 2026


President Luiz Inácio Lula da Silva's government unveiled measures to address public finances and rising public debt. The announcement was made as Brazil's financial markets have moved in response to fiscal concerns since the president's election. The package included spending growth restrictions intended to calm investor concerns about the country's fiscal trajectory.

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