Brazil's Haddad presents fiscal proposals to Lula, but no measures announced

Brazilian President Luiz Inacio Lula da Silva attends a meeting at the Planalto Palace in Brasilia
FILE PHOTO: Brazilian President Luiz Inacio Lula da Silva talks to Finance Minister Fernando Haddad during a meeting at the Planalto Palace in Brasilia, Brazil, July 3, 2024. REUTERS/Andressa Anholete/File Photo

Brazilian Finance Minister Fernando Haddad presented fiscal proposals under discussion to other cabinet members and to President Luiz Inacio Lula da Silva in a meeting on Monday, his ministry said, but no decisions were announced.

Haddad did not speak with journalists after the meeting, and his ministry said Lula's chief of staff will hear from other ministries on Tuesday about the proposals.

Haddad said earlier on Monday that the measures could be announced this week.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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