Haddad: If economy is well, chance to do well in the elections is greater

Finance Minister Fernando Haddad said on Friday, 13, that if the economy is well, the chance of reelection of President Luiz Inacio Lula da Silva becomes greater. Haddad made the statement during a meeting held by the prerogative group when trying to dissociate the fiscal issue of government performance in the 2026 elections.

“I don’t think it will be the size of the deficit that will determine the election. If the economy is well, the chance of success in the election will be higher,” said the minister, adding that President Lula is proud of the fiscal frame.

Haddad stated that when he took over the Ministry of Finance and that his team found the need to make an adjustment in public accounts, many people, including from within their own party, was against.

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“Within the PT there were people contrary to public account adjustment, those who know the PT know this. They look at the inspector of Japan and the United States and think the situations are similar, and not,” he said.

Asked by one of the participant of the meeting on how he sees and where the greatest pressure on health and education floors comes from, the minister said the highest pressure is in Congress. But it has amended that the discussion is still very cloudy, that there is no clarity on the subject and that it does not even know if the proposal will have all the necessary support to be approved.

The minister said he has called the leaders to talk to, indicate the points that need to be changed. He also stated to understand that these areas need to be protected and what can be discussed is the ways this protection will be done.