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Brazil’s Haddad Says Durigan Likely to Replace Him as Finance Minister

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Brazilian Finance Minister Fernando Haddad indicated that he is expected to be succeeded by Marcelo Durigan, signaling an imminent change in the country’s economic leadership.

Haddad told reporters that the transition is likely part of a broader government reshuffle and that Durigan is prepared to take over the ministry. While no official announcement has been made, Haddad emphasized that the handover is expected to be smooth and will ensure continuity in economic policy.

The news comes amid ongoing discussions about Brazil’s fiscal strategy, inflation management, and investment climate. Analysts say the appointment of Durigan could reflect a shift toward a more market‑oriented approach, while maintaining the government’s commitment to social spending and fiscal responsibility.

Durigan, a veteran economist with experience in both public administration and financial markets, has previously held advisory roles in Brazil’s economic institutions. Observers expect that his leadership may focus on strengthening investor confidence and supporting sustainable growth in the Brazilian economy.

Haddad’s potential departure has raised questions about the timing and impact of the transition, particularly as Brazil navigates challenges such as currency volatility, commodity price fluctuations, and global economic uncertainty. The government has not yet provided a formal timeline for the ministerial change.

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