Brazil’s Investment Leap in 2023

In 2023, Brazil experienced a significant economic shift with an 81% increase in federal government investment. Rising from R$ 39.15 billion ($8.01 billion) to R$ 70.7 billion ($14.43 billion), this growth marked a departure from the spending restrictions set by the 2017 cap. This increase was largely enabled by the “spending cap breach” PEC, a […]

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