Brazil's Haddad vows to 'restore' public accounts
BRASILIA, Jan 2 (Reuters) - Brazil's new finance minister, Fernando Haddad, said on Monday he would propose a new fiscal anchor in the first half of this year as leftist President Luiz Inacio Lula da Silva's team works to "restore" public accounts.
"We are not here for adventures," he said, seeking to calm market jitters over the return of Lula.
A former mayor of Sao Paulo, Haddad took office with the challenge of presenting a credible fiscal framework after Congress passed a package increasing Brazil's spending cap to ramp up social expenditures.
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