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Lula Eyes Measures to Boost Fiscal Adjustment to $14 Billion

Bloomberg Markets Thursday 12 November 2026, 20:33 UTC By Martha Beck 1 min read
Key Points

Lula Eyes Measures to Boost Fiscal Adjustment to $14 Billion President Luiz Inácio Lula da Silva’s government is preparing additional budget measures to improve fiscal results next year, stepping up efforts to shore up public finances amid investor concerns about rising public debt, according to a person familiar with the discussions. Proposals under consideration would seek to reduce expenditures that are currently excluded from Brazil’s fiscal target and curb some mandatory spending, the...

Lula Eyes Measures to Boost Fiscal Adjustment to $14 Billion President Luiz Inácio Lula da Silva’s government is preparing additional budget measures to improve fiscal results next year, stepping up efforts to shore up public finances amid investor concerns about rising public debt, according to a person familiar with the discussions. Proposals under consideration would seek to reduce expenditures that are currently excluded from Brazil’s fiscal target and curb some mandatory spending, the person said. Together with measures already submitted to Congress this week, they could increase the fiscal adjustment expected for 2027 to around 80 billion reais ($14.2 billion).
Lula Eyes Measures to (PERSON) Luiz Inácio (PERSON) Lula da Silva (PERSON) Brazil (LOCATION) Congress (ORG)
Originally published by Bloomberg Markets Read original →

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