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2026 Brazil presidential election campaign

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FIRST ENTRY AUG 26
AUG 26 · Day 1

Brazil's Flavio Bolsonaro pledges debt ceiling if elected president

Sachsida said a debt ceiling could be similar to one adopted in Brazil in the recent past, with cuts automatically occurring whenever gross public debt rose past 65 percent of GDP.

Flavio Bolsonaro is the son of former far-right President Jair Bolsonaro.

Sachsida said a spending cap would be triggered if debt is too high.

“We will approve a ceiling for public debt. If debt is too high, a spending cap is triggered, putting the fiscal trajectory on a sustainable path,”
ADOLFO SACHSIDA verbatim
Quote copied with attribution