Brazil’s Federal Investments Hit 7-Year High, Yet Fiscal Constraints Persist

Brazil’s federal investments have reached R$32 billion ($5.82 billion) from January to July 2024, a seven-year high. This 31.8% increase over 2023 marks the highest level since 2016 for the first seven months. Despite this growth, overall investment remains low due to fiscal constraints. With mandatory expenses consuming over 90% of the budget, the government’s […]