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LatinNews Regional Monitor: Brazil & Southern Cone - 09 August 2018

Alckmin will receive half of the national public funds in Brazil presidential campaign

Development: On 8 August, the local press calculated that with the alliance of nine political parties behind his presidential bid, Geraldo Alckmin, the presidential candidate of the Partido da Social Democracia Brasileira (PSDB) in the 7 October general election, and his allies will receive R$828m (US$220m) from the new public fund created to pay for political campaigns in the country, 48% of the total R$1.72bn contained in the fund.

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