BRAZIL’S NEW FINANCE MINISTER PLEDGES POLICY CONTINUITY

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Micah Jonah
March 22, 2026

Brazil’s newly appointed Finance Minister, Dario Durigan, pledged on Friday to continue the economic policies of his predecessor, Fernando Haddad, who stepped down to run for São Paulo governor in the October elections.

Durigan, a former deputy under Haddad, highlighted that his priorities include maintaining efficiency in public finances and improving Brazil’s credit model. He also emphasized the government’s aim to strengthen the Treasury’s presence in international debt markets and indicated that sovereign bonds could be issued in European markets later this year.

Assuming office at a time of rising diesel prices, influenced by the ongoing US-Israeli conflict in Iran, Durigan noted that the administration of President Luiz Inacio Lula da Silva may implement further measures depending on how the conflict impacts energy costs.

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