Brazil Finance minister cancels trip to Europe amid pressure to present fiscal measures


  • World
  • Sunday, 03 Nov 2024

Brazil's Finance Minister Fernando Haddad attends a meeting with Brazil's President Luiz Inacio Lula da Silva to discuss online bets, at the Planalto Palace in Brasilia, Brazil August 3, 2024. REUTERS/Adriano Machado/File Photo

SAO PAULO (Reuters) - Brazil Finance Minister Fernando Haddad canceled a trip to Europe this week, the ministry said in a statement on Sunday, amid pressure from market participants for the government to present spending-cut measures that had been promised.

In the statement, the Finance ministry said Haddad will now remain in Brasilia during the week at the request of President Luiz Inacio Lula da Silva.

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