Brazil's Durigan says going to achieve discounts of up to 90% on debts through this programme; expectation is that they will continue to have interest rate cuts

Brazil's Durigan's comments indicate a significant effort to reduce debt burdens, with potential discounts of up to 90%. This aligns with expectations of continued interest rate cuts, suggesting an accommodative monetary stance that may bolster economic growth, but could also raise concerns about inflation if not managed carefully.