Minister Says Brazil May Raise Debt to Shield Consumers From Fuel Shock

Overview

• Guimarães told reporters Thursday that the fuel steps taken so far are insufficient.
• He said the government will unveil new actions soon to ease price pressure at the pump.
• He argued Brazil should increase public debt if needed to protect the “popular economy” and low‑income consumers.
• The team is studying gasoline relief in the form of a subsidy.
• Finance, Planning and the Chief of Staff’s office have been briefed on plans built on a two‑month shock window first used for April’s diesel support.