LULA 'cooking' and the blitz of ministers against HADDAD'S SPENDING CUTS Estadão Analisa

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Estadão

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In “Estadão Analisa” this Friday, the 8th, Carlos Andreazza talks about the Lula government’s package of structural spending cuts. Finance Minister Fernando Haddad had to cancel his trip to Europe this week. The tour went badly – ​​not because of the destination, but because of the timing. It would be very difficult to convince anyone who is unwary about the urgency with which the government is dealing with the fiscal adjustment after the Finance Ministry limited itself to disclosing the cities where the minister would visit without saying what he would do or who he would meet with while the dollar approached the R$5.90 mark. While the government of President Luiz Inácio Lula da Silva is holding a series of meetings in Brasília to discuss the spending cut package, the financial market in São Paulo is remaining cautious, given the prolonged fiscal uncertainty. The result is increased volatility, with an impact mainly on the dollar and the future interest rate curve. A new meeting between Lula and ministers about the package is scheduled for this Friday, the 8th, at 2:00 p.m. Behind the scenes, government interlocutors believe that the spending cut package has been watered down in relation to the first measures evaluated, which were the most drastic, such as limiting the main budget expenditures, including Social Security, to an increase of 2.5% per year above inflation – the same fiscal framework ceiling, as revealed by Estadão in June. Read: https://www.estadao.com.br/economia/d... Hosted by columnist Carlos Andreazza, the daily program on Estadão's YouTube channel will curate the most relevant news topics, leaving aside the buzzwords and delving deeper into what is relevant. Subscribe for R$1.90/month and have unlimited access to Estadão's content. Access: https://bit.ly/oferta-estadao 'Estadão Analisa' is broadcast live from Monday to Friday, at 7 am, on Estadão's YouTube and social networks. And then, it will be available on Spotify, Deezer, Apple Podcasts, Google podcasts, or your favorite podcast aggregator. Presenter: Carlos Andreazza Editing/Post-production: Jefferson Perleberg Coordination: Gabriel Pinheiro and Everton Oliveira Photo: Wilton Junior/Estadão 00:00 - WAITING 03:39 - OPENING 11:30 - EXPENDITURE PACKAGE: WILL IT COME OUT OR NOT? 21:22 - WILL WE HAVE STRUCTURAL CUTS? 27:10 - MINISTERS' BLITZ AGAINST HADDAD'S CUTS 37:00 - FISCAL DEFICIT AND ZERO TARGET 46:36 - CLOSING

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