The Brazilian government promises to intervene in the food market

Last week, the Chief of Staff, Minister Rui Costa, stated that President Luiz Inácio Lula da Silva’s administration will hold meetings to define measures aimed at reducing food prices, with the expectation that better harvests in 2025 will help achieve that reduction. “We will hold meetings with the Ministers of Agriculture, Agrarian Development, and Finance to look for interventions that make food cheaper,” Costa said on the Bom Dia program, broadcast by CanalGov. He also mentioned that supermarket chains submitted proposals in 2024 and that the government will implement these measures within the first two months of the year.