Brazil Treasury Secretary dismisses Lara Resende fiscal proposal, defends gradual adjustment

Brazil's Treasury Secretary Durigan publicly criticized a fiscal proposal by economist Lara Resende, citing deficiencies and stating it should not be evaluated yet. He defended the current gradual adjustment in public accounts, signaling no immediate policy shift. This indicates internal government resistance to more aggressive fiscal reforms, which could affect market expectations for Brazil's fiscal trajectory.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works