Speaking at an event hosted by the bank, Haddad stressed that 70 million Brazilians are currently blacklisted, 50 million of which earn up to two minimum wages. According to the minister, it is necessary to "untie the knot of high indebtedness" imposed by the pandemic on low-income families. (Reporting by Marcela Ayres)
BRASILIA, Feb 7 (Reuters) - Brazil Finance Minister
Fernando Haddad said on Tuesday that the government is preparing
a consumer debt renegotiation program with "enormous reach,"
which would involve public lender Caixa Economica Federal.
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