Criticism of Lula's economic plans mounts as Brazil markets tank
Posted on AllSides January 4th, 2023
From The Center
![](https://dev.allsides.com/sites/default/files/styles/news_large_image/public/QL7BEJ2CCRO5DHUKBNRLPYNPIA.jpg?itok=vcfUgnse)
REUTERS/Mariana Greif/File Photo
Criticism of Brazilian President Luiz Inacio Lula da Silva's economic policies grew on Wednesday, with analysts and a leading newspaper slamming ministers after local markets tanked in the leftist's first two days in office.
Financial Minister Fernando Haddad, a Lula loyalist who ran a failed presidential bid as the leftist Workers Party candidate in 2018, has been among the main targets, with his hometown newspaper O Estado de S. Paulo dubbing him a "decorative minister" on Wednesday.
Haddad, a former mayor of Sao Paulo, took office vowing to restore public accounts and with the...