Goldman Sachs Flags Brazil’s Spending, Questions Fiscal Health

Goldman Sachs has expressed concerns regarding Brazil’s fiscal management under President Luiz Inácio Lula da Silva. The firm criticizes the government’s continued high public spending, questioning its ability to meet fiscal targets, especially the elimination of the primary deficit by 2024. Goldman Sachs describes Brazil’s fiscal strategy as excessively expansionary. This approach, coupled with a […]

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