Economic news
Fiscal conflict posed by Brazil’s government-elect shows ignorance, says Guedes
2022.11.18 14:23
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© Reuters. FILE PHOTO: Brazil’s Economy Minister Paulo Guedes speaks at the Planalto Palace in Brasilia, Brazil October 6, 2022. REUTERS/Ueslei Marcelino/File Photo
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes said on Friday the alleged conflict between social needs and fiscal sustainability posed by the new government-elect reveals “ignorance” and “technical inability” to solve problems.
Speaking at an event hosted by the ministry, he said any retreat in any economic dimension in relation to what the current administration is doing will be a mistake.
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