18-August-2026
Economy News
 
Brazil Minister Says Fiscal Reforms Face Painful Final Mile
18-Aug-2026

Brazil's Finance Minister ?Dario ?Durigan said on Monday ?that the country faces a "painful final mile" of fiscal ?reforms to address high interest rates, rising public debt and household leverage ?hovering around record levels. "We ?have to deal with it. This needs to be addressed ?quite quickly ?so that we can return to having a development project, ?a country project," he said at an event hosted by Santander Brasil in Sao Paulo.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-17/brazil-minister-says-fiscal-reforms-face-painful-final-mile