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Lula Campaign Pledges 2% of GDP Fiscal Adjustment to Combat Brazil’s High Interest Rates

Finance Minister Dario Durigan commits a future Lula administration to a 2% of GDP fiscal effort to lower the 14.00% Selic rate and stabilize public debt.

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Lula Campaign Pledges 2% of GDP Fiscal Adjustment to Combat Brazil’s High Interest Rates
Photo: Source: Ricardo StuckertCC BY 3.0 brPR / Wikimedia Commons

Finance Minister Dario Durigan commits a future Lula administration to a 2% of GDP fiscal effort to lower the 14.00% Selic rate and stabilize public debt.

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