Brazil’s 2027 Budget Projects an ‘Effective’ Surplus, Still Below the Official Target
BRAZIL · ECONOMY Key Facts —What happened: Brazil’s 2027 budget proposal goes to Congress on Monday with an effective primary surplus of R$18 to 20 billion (US$3.5 to 3.9 billion). —What “effective” means: The surplus counts every expense, including items normally discounted from the official fiscal target. —The catch: At about 0.1 percent of gross […] The post Brazil’s 2027 Budget Projects an…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
