Back to Search Start Over

Brazil's Lula, Lower House Speaker Meet to Address Budget Impasse.

Authors :
Travaglini, Fernando
Reis, Beatriz
Source :
Bloomberg.com; 8/20/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

President Luiz Inacio Lula da Silva and lower house Speaker Arthur Lira met to address the budget impasse in Brazil. The crisis arose after the Supreme Court suspended lawmakers' budget amendments, which was supported by members of the federal government. Lula is seeking conciliation and working on a counterproposal, while lawmakers are seeking retaliation. There is no immediate solution in sight, and the meeting is seen as a first step. Additionally, Brazil's economic team will review spending in social programs as part of the 2025 budget proposal. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
179103137