President Luiz Inácio Lula da Silva addressed the nation on Sunday night, November 8, 2026, in a broadcast where he acknowledged rising public debt and high interest rates while affirming his commitment to fiscal responsibility.
The address marked the president’s first televised speech since his reelection last month over former rival Flávio Bolsonaro. Transmitted across national television and radio networks, the speech lasted seven minutes and forty-four seconds, according to reports from Brasil 247.
Government sources noted that the administration aims to elevate national investment beyond twenty percent of the gross domestic product in partnership with private entities.
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During the campaign, the candidate had reversed a deficit in the first round and received 51,79% of the valid votes, while Flávio Bolsonaro (PL) received 48,21% before fleeing to the United States about 48 hours after the election result and the Supreme Federal Tribunal (STF) determination to surrender passports, as detailed in reports.
Edinho Silva noted that the president is currently focused on concluding his current mandate and organizing proposals that still need to pass through Congress alongside the presidents of the Chamber of Deputies, Hugo Motta (Republicanos-PB), and the Federal Senate, Davi Alcolumbre (União-AP).
Lula defended the need to debate changes in the political system and the Judiciary while also addressing the economic situation.
The time has come for Brazilian justice to recover its credibility. Judicial activity requires impartial, ethical judges who are free from conflicts of interest and enrichment projects
Luiz Inácio Lula da Silva, President
UOL Notícias recorded that the president also criticized the role of major technology platforms during the electoral cycle.
Following the broadcast, executive officials announced that adjustment measures and final economic team compositions will be addressed upon the president’s return from international engagements in Turkey and the Philippines, as detailed by Bem Paraná.
Potential candidates to head the Ministry of Finance include reelected Piauí governor Rafael Fonteles and Vice President Geraldo Alckmin, while the permanence of current chief Dario Durigan is not ruled out.
Transmitted across national television and radio networks, the speech lasted seven minutes and forty-four seconds.