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3 results for “fiscal austerity

Presidential Candidate Caiado Targets Congressional Power, Proposes Zeroing Mandatory Spending for Selic Rate Cut
PROPoliticsSep 20

Presidential Candidate Caiado Targets Congressional Power, Proposes Zeroing Mandatory Spending for Selic Rate Cut

Brazilian presidential hopeful Ronaldo Caiado is proposing radical fiscal austerity, including eliminating mandatory congressional spending amendments, to drive Brazil's Selic rate down to 7%.

Lula Re-Election Platform Prioritizes Social Spending and State-Led Development Over Fiscal Austerity
PROPoliticsAug 17

Lula Re-Election Platform Prioritizes Social Spending and State-Led Development Over Fiscal Austerity

Brazil's President Lula confirms a platform focused on social programs and state economic involvement for his likely re-election bid.

Brazil’s Soaring Debt Forces Fiscal Reckoning for Next President in 2027 Budget Debate
PROPoliticsAug 17

Brazil’s Soaring Debt Forces Fiscal Reckoning for Next President in 2027 Budget Debate

Brazil's rising public debt, projected to reach 81.9% of GDP, creates an explosive political choice for the next president.