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6 results for “primary surplus

Brazil’s Finance Minister Ties 2027 Rate Cuts Directly to Fiscal Discipline
MarketsSep 14

Brazil’s Finance Minister Ties 2027 Rate Cuts Directly to Fiscal Discipline

Finance Minister Dario Durigan committed the government to a primary surplus in 2027, arguing the fiscal effort is essential for lower interest rates.

Lula Escalates Fiscal Risk, Dismissing Primary Surplus as 'Nonsense'
MarketsSep 12

Lula Escalates Fiscal Risk, Dismissing Primary Surplus as 'Nonsense'

Brazilian President Lula da Silva attacked the country's primary fiscal surplus target, calling it "nonsense" and escalating concerns over sovereign risk.

Rio de Janeiro Seeks R$26 Billion Debt Restructure with Major Commercial Banks
PROPoliticsAug 18

Rio de Janeiro Seeks R$26 Billion Debt Restructure with Major Commercial Banks

Brazil's interim Governor of Rio de Janeiro moves to renegotiate R$26 billion in commercial bank debt to secure a state primary surplus.

Lula Deploys Pro-Market Deputies to Assure Fiscal Rigor Amid Brazil Election Campaign
PROMarketsAug 18

Lula Deploys Pro-Market Deputies to Assure Fiscal Rigor Amid Brazil Election Campaign

Vice President Geraldo Alckmin and Finance Ministry officials are publicly defending fiscal balance to calm market concerns about government spending.

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium
MarketsAug 17

Lula Administration Deploys Alckmin and Durigan to Vow Fiscal Rigor, Combat Brazil Country Risk Premium

Brazil's top economic officials pledged commitment to sustainable surpluses to reduce the country's high sovereign risk and domestic interest rates.

Top Fund Flags 'Deteriorated' Brazilian Debt, Risk of Doubling by 2032
MarketsAug 07

Top Fund Flags 'Deteriorated' Brazilian Debt, Risk of Doubling by 2032

Adam Capital warns Brazil's public debt, at R$ 10.8 trillion, is on an unsustainable path, demanding a 4% GDP primary surplus.