Brazil to focus on credit agenda despite high interest rate level, says minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
SAO PAULO, Jan 30 (Reuters) - Brazil's Finance Minister Fernando Haddad said on Monday the newly inaugurated government would move forward with the credit agenda despite an obstacle posed by the country's high benchmark interest rate. Speaking at an event hosted by Fiesp, Brazil's biggest industry association, he stressed that gas could play a role in accelerating the energy transition process that is being planned, adding the government has "a lot of interest" in pre-salt gas.
(Reporting by Marcela Ayres in Brasilia)

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