Brazilian Finance Minister: Government Credit Measures Will Not Undermine Monetary Policy

```htmlGolden Ten Data reported on July 5 that Brazil’s Finance Minister Fernando Haddad stated the credit measures introduced by President Lula’s government will not weaken monetary policy. Haddad explained these measures are targeted industry support policies that do not hinder the Central Bank of Brazil from implementing a larger interest rate cut at the most recent monetary policy committee meeting. Recently, the Brazilian government also launched a new credit and debt restructuring plan aimed at helping informal workers.```