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Home Qatar

Fiscal and social concerns equally important for Brazil’s economy, Itau CEO says By Reuters

admin by admin
November 11, 2022
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Fiscal and social concerns equally important for Brazil's economy, Itau CEO says
© Reuters. FILE PHOTO: A general view of the skyline of Sao Paulo April 2, 2015. REUTERS/Paulo Whitaker/File Photo

SAO PAULO (Reuters) – Fiscal and social concerns should be given equal weight in the running of Brazil’s economy, the chief executive of bank Itau Unibanco said on Friday, referring to market jitters over President-elect Luiz Inacio Lula da Silva’s spending plans.

Milton Maluhy Filho, the CEO of Brazil’s largest lender,…



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