 "Fernando Haddad, Brazil FM")
Brazil's new Finance Minister Fernando Haddad on Monday said he would propose a new fiscal anchor in the first half of this year as the administration of leftist President Luiz Inacio Lula da Silva, who was sworn in as the country's president a day back, works to “restore” public accounts.
A former mayor of Sao Paulo, Haddad took office with the challenge of presenting a credible fiscal framework after Congress passed a package increasing Brazil's spending cap to ramp up social expenditures and meet Lula's campaign promises. In his first speech in office, Haddad said the government would not accept
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