Lula travels and leaves it to come back to define the names of the future team and, more importantly, measures to guarantee fiscal balance

Meanwhile, Lula reaffirms his commitment to fiscal responsibility, now saying that he is concerned about the trajectory of public debt, currently above 80% of the Gross Domestic Product (GDP).

The market expected some more concrete signal from President Lula in his statement on Sunday (8) about the fiscal measures he will adopt, but the government had already warned that he would not anticipate anything in his address to the nation.

The news is that, if in the election he said that he was not worried about the size of the public debt, now he says that, yes, he is worried about its trajectory.

The fact is that, just as in 2022, when he won against Jair Bolsonaro, now, in 2026, Lula is traveling to participate in the 31st United Nations Conference on Climate Change (COP31), in Turkey, leaving it for him to come back to define vital themes for his fourth term:

the name that he will nominate to the Federal Supreme Court (STF) and send to the Senate later this year. The president of the Senate, Davi Alcolumbre (União-AP), defends the name of Rodrigo Pacheco, while PT supporters defend Jorge Messias, who was rejected in April this year.

After Turkey, Lula heads to the Philippines, on a state trip, and returns to Brazil at the beginning of next week.

In 2022, during his first international trip after winning the election, he defined the names of Fernando Haddad for Finance, Marina Silva for the Environment and Mauro Vieira for Foreign Relations. Now, he will hardly announce during the trip who his future Finance Minister will be.

According to advisors, Lula will only define the head of the economic team after analyzing the measures that are being prepared by the current Minister of Finance, Dario Durigan, and which will be presented to the president after his return from international tour.

Dario Durigan and the Minister of Planning, Bruno Moretti, will prepare a fiscal adjustment that guarantees compliance with next year's fiscal target, without exceptions, preserving the Lula government's social programs.