Brazil Worsens Fiscal Deficit Estimate for 2024

In 2024, Brazil is strategically navigating through fiscal challenges, projecting a deficit of R$ 14.5 billion ($2.84 billion), a minor 0.1% of its GDP. The updated estimate, now standing at R$ 9.3 billion ($1.82 billion), highlights Brazil’s fluctuating economic conditions. Despite this, it remains within the set fiscal limits, permitting up to a 0.25% GDP […]