Brazil’s Debt to Surge 12.4% During Lula’s Presidency, IFI Warns

Brazil’s government debt is expected to increase by 12.4 percentage points during President Luiz Inácio Lula da Silva’s four-year term, according to the Independent Fiscal Institution (IFI). The IFI, a public finance monitoring body linked to the Federal Senate, has released these projections. In December 2022, the debt stood at 71.7% of the Gross Domestic […]

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