Business2 sources
Lula Pledges Fiscal Responsibility in First Address Since Election
- President Luiz Inácio Lula da Silva made his first televised address since winning a fourth term.
- Lula pledged to preserve Brazil's public finances without abandoning social programs.
- He sought to reassure investors about the country's economic stability.
- Lula expressed concern about high interest rates and committed to budget discipline.
- The address aimed to balance fiscal responsibility with social welfare.