
Flavio Bolsonaro Pledges Public Debt Ceiling in Brazilian Presidential Bid
Brazilian politician Flavio Bolsonaro has announced plans to institute a constitutional debt ceiling should he win the presidency. The fiscal proposal aims to curb rising government borrowing and restore long-term economic stability.
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Brazil’s Flavio Bolsonaro to institute debt ceiling if elected president
A debt ceiling would trigger automatic spending cuts, which conservatives could use to pare back social programmes.
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By Reuters
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