Pandemic spending cannot be passed on to future generations – Brazil’s economy minister

"We have a commitment to Brazil's future generations. We must pay for our own wars," said the minister.

RIO DE JANEIRO, BRAZIL -Spending to tackle the novel coronavirus (Covid-19) pandemic cannot be passed on to future generations, Economy Minister Paulo Guedes said on February 10th. He argued that discussions on reinstating the emergency aid should be coupled with fiscal responsibility, seeking a source of funds to finance the renewal of the benefit.

The Minister's statement came after a meeting with the President-elect of the Joint Congressional Budget Committee (CMO), Deputy Flavia Arruda (PL-DF), and the rapporteur of the 2021 Budget, Senator Márcio Bittar (MDB-AC). According to Guedes, the money to fund a . . .

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