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Brazil’s fiscal framework: watch Finance Minister’s presentation video on new rules

Brazilian Finance Minister Fernando Haddad attended a press conference Thursday (30) to present the new plan to control public spending that should replace the spending cap rule.

The new details of the proposal influenced financial market assets such as interest rates, stock exchange, and exchange rates.

On Thursday, the Ibovespa rose by 2% due to investors' expectations with the new fiscal plan.

The high, however, was reduced and was 1% around . . .

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