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Haddad Said Has Not Been Invited To Be Finance Minister

BRAZIL
  • Transition team’s Fernando Haddad, widely expected to be names Lula’s finance minister said he has not yet been invited to be finance minister by the President-elect, while speaking at a banking event.
    • Brazil's Lula wants first priority to tax reform in 2023
    • We must rethink expenses approved, but not spent
    • We must reconfigure budget in transparent way
    • Lula will negotiate amendment bill with congress
    • Says there are a lot of proposal for new fiscal anchor, needs to be credible
    • Says it's better to debate new fiscal anchor after Jan.
    • Says he has a great relationship with Persio Arida (BBG)
  • Separately, Padilha noted that:
    • Lula will know how to balance fiscal, social issues
    • Haddad was fiscally, socially responsible when mayor (BBG)
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