PoliticsBrazil’s Flavio Bolsonaro vows debt ceiling if elected president
An economic adviser to Flavio Bolsonaro says the Brazilian presidential candidate would impose a public debt ceiling if he wins in October. Excessive debt would automatically trigger spending cuts, a move intended to strengthen fiscal credibility but criticised for potentially restricting crisis spending and social programmes.
Brazil’s Flavio Bolsonaro vows debt ceiling if elected president
Politics