Brazil's Lula and Flávio Dino prepare fiscal adjustments at different paces, avoid details

Brazilian President Lula and Finance Minister Flávio Dino are preparing fiscal adjustment measures at different paces, with advisors signaling a package worth about 1.5% of GDP within 18 months, but details remain undisclosed. The divergence in pace suggests internal policy friction, and the lack of specifics creates uncertainty over the credibility and timing of Brazil's fiscal consolidation.