Brazil's Haddad says debate over increasing public spending is frozen
Haddad stated that no new spending increase would be welcome unless it is essential.
The minister also voiced concern over the central bank's monetary policy, calling the country's benchmark interest rate "very, very restrictive" and well above projected inflation.
The central bank last week raised the benchmark rate by 25 basis points to 15%, the highest since 2006, and signaled an extended pause ahead.
The minister argued that the recent rate hikes took place amid an inflationary scenario - particularly regarding food prices - that is being solved.
The full interview will be broadcast by Record News later in the evening.
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