The Brazilian government's interest payment bill on the national debt could fall by 417 billion reais (some US$ $100 billion) over the course of its four-year term ending in 2022, by which time the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday.
Behind Brazil's polarized presidential election, and unpredictable result, the business class in Latin America's largest economy looking for clear signals of what can be expected as of 2019 either from the former army captain Jair Bolsonaro or from economist Fernando Haddad, handpicked by Lula da Silva as his successor. Hopefully not a choice between “awful” and “extremely awful”