Brazil presidential candidate Renan Santos proposes R$250bn annual fiscal adjustment

In a CNN Brasil debate, presidential candidate Renan Santos pledged to cut government spending by R$250 billion per year if elected, proposing to reduce tax incentives, de-index and unlink expenses, and review parliamentary amendments, starting with the Manaus Free Trade Zone. The proposal signals a potential shift toward fiscal austerity in Brazil's election campaign, but its feasibility and political support remain uncertain.