Brazil's budget deficit nears pandemic-era levels as fiscal concerns linger - Yahoo Finance

Brazil's budget deficit nears pandemic-era levels as fiscal concerns linger - Yahoo Finance

Source: Yahoo Finance

DW NOTE

Brazil ran a primary deficit of 0.74% of GDP in 2024 — the worst fiscal position since the pandemic year when the government handed out cash and called it solidarity. The 2025 target is 0.0%, which would require spending discipline Brazil has not shown since the mid-1990s. Lula's coalition just rejected a proposal to cap pension increases. The math has not changed; the willingness to do it has not appeared.

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