Lula says reducing poverty is Brazil's priority, not fiscal containment
January 19, 2022
6:08 PM CST
Last Updated 11 hours ago
Americas
Reuters
2 minute read
SAO PAULO, Jan 19 (Reuters) - Former leftist President Luiz Inacio Lula da Silva, who is leading opinion polls ahead of an October election, said on Wednesday that reducing poverty and inequality must be Brazil's priority over fiscal discipline.
Lula said at a news conference that budget resources must be increased on social programs even if that means sacrificing a constitutionally-mandated spending ceiling.
"We have to make inequality a priority and not the spending cap," he told reporters of independent websites.
"Brazil has to put the poor back in the budget and tax the rich," he said, referring to his Workers Party support for taxing corporate profit and dividends.
More:
https://www.reuters.com/world/americas/lula-says-reducing-poverty-is-brazils-priority-not-fiscal-containment-2022-01-19/
