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Lula Consults Mantega, Leftist Economists on Plans for New Term

Source: Bloomberg

Fiscal Policy & BudgetElections & Domestic PoliticsInvestor Sentiment & Positioning

Brazilian President Luiz Inácio Lula da Silva began discussions on economic policy for his next term by meeting with left-leaning economists, including former Finance Minister Guido Mantega. The choice risks deepening investor concerns about Lula’s approach to fiscal issues.

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