Brazil Trims 2024 Spending Freeze Amid Budget Concerns

Brazil has adjusted its financial strategy for 2024, reducing the total spending freeze to 13.3 billion reais ($2.4 billion). This move aims to meet fiscal targets while addressing growing investor concerns about public spending. The country’s primary deficit, excluding interest payments, now stands at 28.3 billion reais ($5.1 billion). The government’s economic team remains close […]