Bolsonaro Pledges Fiscal Adjustment
Brazilian Senator Flavio Bolsonaro promised a major fiscal adjustment if elected president while rejecting cuts to social spending or minimum wage increases. The right-wing candidate faces incumbent President Luiz Inacio Lula da Silva in an upcoming runoff.
Brazil's Senator Flavio Bolsonaro pledged to deliver a 200 billion real ($39.49 billion) fiscal adjustment on Friday morning, rejecting cuts to social spending. The right-wing lawmaker faces leftist President Luiz Inacio Lula da Silva in an October 25 runoff election. The fiscal plan aims to curb rising public debt while protecting core social commitments ahead of the vote.
