Congress Allows Government to Spend up to R$ 7.5 Bi Off the Roof in 2026
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BRAZILIA.- The Brazilian Congress approved a series of measures aimed at limiting the growth of public spending, in a sign of greater fiscal discipline supported by President Luiz Inácio Lula da Silva a few months after the presidential elections. The initiative, approved on Wednesday by Deputies and later by the Senate, establishes a mechanism to contain certain mandatory expenditures in the budget of 2027, which the government will have to sub…
The National Congress approved on Wednesday, 12, a project that allows the federal government to leave up to R$ 7.5 billion in expenses for strategic projects of National Defense outside the ceiling of expenses in 2026. The proposal, which had support from the government, now follows for the analysis of President Luiz Inácio Lula da Silva (PT).The value includes up to R$ 5 billion in expenses that can be excluded from the limit, with possibility…
Government may leave part of the expenditure on projects in the National Defence area outside the expenditure ceiling and the primary result target of 2026; text provides for two locks to contain expenditure in the following year
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