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Lula’s R$43 Billion Pre-Election Measures Leave Incoming Brazil Administration Facing 2027 Fiscal Gap

Three new social spending and revenue-cutting measures enacted by the Lula administration created a R$42.3 billion hole in the 2027 budget.

By Eleanor Shaw

Published
Lula’s R$43 Billion Pre-Election Measures Leave Incoming Brazil Administration Facing 2027 Fiscal Gap
Source: Ricardo Stuckert/PR / Wikimedia Commons (CC BY 3.0 br)

Three new social spending and revenue-cutting measures enacted by the Lula administration created a R$42.3 billion hole in the 2027 budget.

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