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Brazil's Gross Debt Set to Increase to 77.7% of GDP This Year

Brazil's Gross Debt Set to Increase to 77.7% of GDP This Year
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Brazil May Fall Short of Achieving Fiscal Targets in 2024

As 2024 unfolds, Brazil confronts a significant fiscal challenge, with the federal audit court projecting a primary deficit of 55.3 billion reais, casting doubt on President Luiz Inacio Lula da Silva's promise to eliminate the fiscal deficit.

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Brazil unlikely to meet 2024 fiscal goals, audit court says

Brazil unlikely to meet 2024 fiscal goals, audit court says
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Brazil unlikely to meet 2024 fiscal goals, audit court says

Brazil should end 2024 with a primary deficit of 55.3 billion reais ($11.2 billion), the federal audit court (TCU) said, in the latest sign of skepticism that President Luiz Inacio Lula da Silva's government can meet its pledge to eliminate the fiscal deficit. After Lula upped spending on social measures in his first full year in office, the market is worried his administration won't meet its fiscal goals. Despite falling interest rates, long-term future interest rates remain high, underlining market discomfort with the government's fiscal situation.

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Brazil unlikely to meet 2024 fiscal goals, audit court says

BRASILIA, Jan 18 -
Brazil should end 2024 with a primary deficit of 55.3
billion reais , the federal audit court
said, in the latest sign of skepticism that President...
-January 18, 2024 at 03:41 pm EST
- MarketScreener

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A fiscal council for India

A fiscal council for India
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Federal Democratic Republic of Nepal: An Assessment of the Rule of Law – Telegraph Nepal

Federal Democratic Republic of Nepal: An Assessment of the Rule of Law

Chitwan , Nepal-general- , Nepal , Pokhara , Guthi , Balkrishna-dhungel , Sodaro-brown , Gunnar-myrdal , Ganga-maya-adhikari , Fiscal-institution , Minority-rights-group-international , Informal-sector-service-centre

Brazil expected to see 10 more years of primary deficit and high risk of breaching spending cap from 2025, says IFI

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RIO DE JANEIRO, BRAZIL - Brazil is not expected to register a primary surplus over the next decade and may see its gross debt exceed 100% of GDP until 2030 - much higher than other emerging countries. The assessment comes from the Independent Fiscal Institution (IFI), linked to the Federal Senate, which in its base scenario points to a sequence of at least 17 years of unbalanced accounts.
According to the institution's forecast, the central government's gross debt should close the decade at 103.4% of GDP. The base scenario considers a growth rate of 3.0% in 2021 - against . . .
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