By Finance Pulse in finance —

Haddad Targets Budget Deficit with New Spending Cuts

Finance Minister Fernando Haddad is implementing a second wave of spending cuts to tackle Brazil's budget deficit and public debt, currently near 10% of GDP.

A visually appealing image of Finance Minister Fernando Haddad in a thoughtful pose, with a backdrop
Haddad Targets Budget Deficit with New Spending Cuts

Finance Minister Fernando Haddad is working on a second package of spending cuts to address budget deficits and public debt nearly 10% of GDP.

Source