Flávio Bolsonaro's fiscal plan proposes 2% GDP cut via 'Super PEC'

A Brazilian newspaper reports that Flávio Bolsonaro's fiscal adjustment plan, dubbed 'Super PEC of Transition', would cut spending equivalent to 2% of GDP. The plan is emerging as a political proposal, but details and official backing remain unconfirmed. This signals potential fiscal tightening in Brazil, which could affect market sentiment if it gains traction.