Brazil’s Deficit Soars, Far Surpassing Initial Promises

Under the Lula government, the $10 billion surplus, achieved by the Bolsonaro administration in 2022 and marking the best public account result since 2013, was utilized within a year. On Wednesday, Brazil updated its deficit forecast for the year. The new figure is R$ 177.4 billion ($36.227 billion), up from September’s R$ 141.4 billion ($28.876 […]

Leave a Reply

Your email address will not be published. Required fields are marked *