Search

5 results for “public spending

Brazil Central Bank Cuts 2026 GDP Forecast After Lula Boosts Social Spending
Politics1h ago

Brazil Central Bank Cuts 2026 GDP Forecast After Lula Boosts Social Spending

The Central Bank of Brazil reduced its 2026 and 2027 growth projections after the government announced a R$22 billion hike in social welfare spending, increasing fiscal deficit concerns.

Brazil’s Central Bank Constrained by Fiscal Framework Uncertainty
PoliticsSep 22

Brazil’s Central Bank Constrained by Fiscal Framework Uncertainty

Brazil’s top economic officials stress the stability of the new fiscal rule is essential to allow for lower interest rates, as the Central Bank keeps rates high.

Flávio Bolsonaro Economists Propose 'Fiscal Shock' to End Brazil’s 'Public Spending Alcoholism'
PROPoliticsSep 15

Flávio Bolsonaro Economists Propose 'Fiscal Shock' to End Brazil’s 'Public Spending Alcoholism'

Economists for Flávio Bolsonaro’s presidential campaign unveiled a radical austerity plan for 2027, including a 'self-containment' pact to cut the country’s high debt premium.

Lula Labels Fiscal Surplus 'Nonsense,' Undermining Brazil's Budget Credibility
MarketsSep 12

Lula Labels Fiscal Surplus 'Nonsense,' Undermining Brazil's Budget Credibility

President Luiz Inácio Lula da Silva publicly dismissed fiscal surplus goals, rattling policy certainty and fueling concerns over increased public spending in Brazil.

STF Forms Majority to Ease Limits on Judicial 'Penduricalhos'
PoliticsJun 29

STF Forms Majority to Ease Limits on Judicial 'Penduricalhos'

Brazil's Supreme Court (STF) has formed a majority to ease strict limits on extra-ceiling benefits for judges, adding fresh fiscal pressure.