Brazil’s Budget Dilemma: Fiscal Balance and Political Priorities

President Luiz Inácio Lula da Silva’s administration faces a critical balancing act in managing Brazil’s fiscal challenges. This year, a record R$4.9 billion ($942 million) was allocated in a single day, with 60% of the Ministry of Health’s budget directed toward congressional demands. The total R$21 billion discretionary budget dedicated R$12.8 billion to parliamentary amendments, […]