End of preview - This article contains approximately 340 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Weekly Report - 04 September 2025 (WR-25-35)
BRAZIL: Government’s 2026 budget proposal raises doubts
The government of President Luiz Inácio Lula da Silva submitted its proposed 2026 budget legislation (PLOA) to congress on 29 August. In 2025 the government aimed for a zero primary deficit, but in 2026 the target will be a primary surplus equivalent to 0.25% of GDP. Given that Brazil will hold presidential and congressional elections next year, it is doubtful that the Lula administration will prioritise fiscal restraint. If Lula announces a re-election bid, he would likely need to boost his popularity by investing more in social programmes and infrastructure projects rather than reducing spending and making cuts to public services.
- Sheinbaum delivers triumphant Informe despite challenges ahead
- VENEZUELA: Speedboat non-diplomacy
- COLOMBIA: Tax reform bill faces difficult route through congress
- PERU: Government rocked by new scandal
- TRACKING TRENDS
- ARGENTINA: Milei rocked by leaks on eve of elections
- BRAZIL: Bolsonaro coup plot trial gets underway
- BRAZIL: Government’s 2026 budget proposal raises doubts
- TRACKING TRENDS
- GUYANA: Big change but not at the top
- JAMAICA: JLP claims historic third straight victory
- NICARAGUA: Dissident deaths stoke alarm
- Paraguay seeks overhaul of transport system
- Quotes of the week