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Haddad Says He Will Leave Brazil’s Finance Ministry in January

He urges continuity by recommending deputy Dario Durigan, with the final decision up to President Lula.

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Overview

  • Fernando Haddad announced on GloboNews that he will step down this month and will meet President Luiz Inácio Lula da Silva to set the exact date.
  • He argued the next finance chief should start immediately so the full year can be used to manage the budget and fiscal agenda.
  • Haddad endorsed executive secretary Dario Durigan as his preferred successor but emphasized the appointment is the president’s prerogative and not confirmed.
  • He reiterated that he will not be a candidate in 2026 and intends to help coordinate Lula’s re-election effort instead of remaining in the post during an election year.
  • If formalized, his departure would mark the 16th ministerial change of Lula’s third term, following recent cabinet turnover.