Brazil Bolsonaro commits to fiscal discipline

Brazilian Senator Flávio Bolsonaro stated that if he wins the presidency, he will work to reduce Brazil's public debt by 200 billion reais (approximately $39.5 billion) without compromising social spending. This is in response to the increase in debt to 82.9% of GDP during Lula da Silva's presidency. He denied media reports suggesting austerity measures such as halting minimum wage increases or cutting social benefits, clarifying that his plan involves administrative reforms and converting government assets into funds, while maintaining constitutional changes that reduced the workweek from six to five days. He anticipated facing the elections on October 25th, leading in polls over the current president, Lula.

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