Brazil Targets Zero Deficit in Ambitious 2024 Budget

President Luiz Inácio Lula da Silva of Brazil signed the 2024 Budget Guidelines Law, ambitiously targeting a zero primary deficit in public accounts. It reflects a major shift in Brazil’s fiscal policy, with the government committing to spend only within its income. This is challenging, given Brazil’s history of deficits since 2014. The law also […]

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