Rising Debt Amid Push for Increased Spending in Brazil

(Analysis) Tax collection spiked in January, yet President Luiz Inácio Lula da Silva’s administration is far from achieving fiscal balance. Despite this revenue uptick, primarily from one-time events, there’s concern. The government may view it as an opportunity to boost spending, risking further public debt increase. President Lula has already suggested expanding the government spending […]

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