Brazil's new finance minister Durigan pledges 'continuity'
Brazil's Executive Secretary of the Ministry of Finance Dario Durigan gestures during a ceremony to launch a digital platform for tax reform in Brasilia, Brazil January 13, 2026. REUTERS/Adriano Machado
BRASILIA, March 20 (Reuters) - Brazil's new Finance Minister Dario Durigan said on Friday he will pursue "continuity" of the economic policies taken by his predecessor, Fernando Haddad, who has left the role to run for Sao Paulo state governor in the October elections.
Durigan, a former deputy for Haddad, told journalists in his first public remarks as minister that commitment to the efficiency of public finances and credit model improvement are among his priorities.
He also advocated for a stronger presence of Brazil's Treasury in the international debt market, adding the country may issue sovereign bonds in European markets later this year.
Durigan, who was sworn in as minister earlier in the day, assumes the role at a time when the Brazilian government seeks to address the effects of rising diesel prices, as oil costs soar due to the U.S.-Israeli war on Iran.
The new minister added that the administration of President Luiz Inacio Lula da Silva, which last week cut federal taxes on diesel and had announced a subsidy for diesel imports, could take fresh measures depending on how the conflict evolves.
(Reporting by Bernardo Caram in Brasilia and Andre Romani in Sao Paulo, Editing by Iñigo Alexander)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- China to revise regulations for outbound investment
- Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium
- Global equity fund inflows hit three-week high before late selloff
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share