Brazil Faces Economic Growth Hurdles Amid Fiscal Challenges

Brazil’s economic outlook is clouded by worsening public finances, raising questions about future growth. Alessandra Ribeiro from Tendências Consultancy points out to local media, “Struggles in raising revenue against increased spending could alter fiscal targets beyond 2024, adding to economic uncertainty.” Following a 2022 surplus, Brazil recorded a R$230.5 billion primary deficit in 2023, one […]