Fiscal Discipline Makes Sense, Says Central Bank President

Campos Neto said Brazil was one of the countries that spent the most on emergency measures during the pandemic but stressed the significance of returning to the original plan for fiscal adjustment.

RIO DE JANEIRO, BRAZIL - On Wednesday, September 2nd, Central Bank President Roberto Campos Neto emphasized that Brazil needs to return to fiscal discipline as of 2021, with incentives for investment in the private sector so that economic growth can be sustainable over time.

"What makes sense for Brazil is to have fiscal discipline. What makes sense for Brazil is to open the economy. We have tried to grow with state investment in the . . .

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