Brazil’s Lula says public debt is not a concern in a potential new term
6 Articles
6 Articles
Brazil's Lula says public debt is not a concern in a potential new term
Forbes, the world's most well-conceived business and economic magazine. Brazil's gross debt has increased by more than 10 percentage points since Lula began her current term in January 2023, reaching 81.9% of GDP The post Lula Says that Public Debt Is Not Reason for Concern and Insurance Superavit This year appeared first in Forbes Brazil.
Brazilian President Luiz Inácio Lula da Silva (PT) said on Thursday (August 27, 2026) that Brazil's gross general government debt (DBGG) is "small" compared to other countries, such as the United States. The percentage reached 81.9% of the Gross Domestic Product in June, according to data from the National Treasury released in July. Lula, however, did not explain that in developed nations the infrastructure is already complete and interest rates…
Lula minimizes debt advance and resorts to Japan, Italy and the United States to justify Brazilian debt
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