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Global Economy

Brazil finance minister Durigan says overcoming inequality requires confronting interest‑rate issues

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Minister Durigan links inequality to high interest rates, proposing sustained fiscal measures and mandatory spending limits to stabilize debt-to-GDP ratios by 2030 despite rising public debt levels.

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Government is prepared to undertake fiscal measures in the next term at a scale equal to those in the current term. Government will maintain fiscal rules and limit mandatory spending. Lowering interest rates could reverse country's debt trajectory.

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