Le nouveau président de la chambre basse du Brésil vise la stabilité fiscale comme priorité.

Brazilian Lower House Speaker Hugo Motta stated on Tuesday that the chamber will prioritize the country's fiscal stability. In an interview with GloboNews, Motta emphasized the urgent need for the government to recognize Brazil's critical economic situation. He highlighted the necessity of controlling expenses alongside any revenue-raising strategies, as he expressed, The numbers regarding our economy are really very worrying, and we know the serious consequences this can have for the Brazilian population.

In a separate development, President Luiz Inacio Lula da Silva's administration presented a spending cut package to Congress late last year. However, the market responded negatively, with analysts deeming the measures inadequate for controlling expenditure. The Brazilian real strengthened this year, achieving its longest streak of gains in 20 years on Monday.