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The Times of India
The Times of India
World
Ayush Pandey

Five economic challenges ahead as Brazil’s Lula wins fourth term, defeats Bolsonaro

Luiz Inácio Lula da Silva Flávio Bolsonaro Brazil Interest Rates National Debt Inflation Economy Monetary Policy

Brazilian President Luiz Inácio Lula da Silva faces mounting public debt, persistently high interest rates, rising household indebtedness and political hurdles to economic reforms as he prepares to begin his fourth term in January, despite the economy performing better than expected in recent years.

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