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Brazil's Widening Fiscal Deficit Piles Pressure on Budget Goals

Brazil's Widening Fiscal Deficit Piles Pressure on Budget Goals
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Brazil's widening fiscal deficit piles pressure on budget goals

Brazil’s fiscal deficit widened in November from the year prior thanks to a decline in central government revenues, highlighting the challenge President Luiz Inacio Lula da Silva faces as he seeks to shore up public accounts in 2024.

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Brazil's Widening Fiscal Deficit Piles Pressure on Budget Goals

(Bloomberg) Brazil’s fiscal deficit widened in November from the year prior thanks to a decline in central government revenues, highlighting the challenge President Luiz Inacio Lula da Silva faces as he seeks to shore up public accounts in 2024.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderChina Says It Caught Foreign Consultant Spying for UK’s MI6The government posted a primary deficit of 37.3 bill

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Brazil Senate committee delays vote on new fiscal rules until Wednesday

Brazil's Senate Economic Affairs Committee has granted the opposition a 24-hour delay on a vote on new fiscal rules considered crucial by the government of President Luiz Inacio Lula da Silva.

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