Record R$18.5 Billion Deficit in Brazilian State-Owned Enterprises Under Lula's Third Term
Brazilian state-owned enterprises report a historic R$18.5 billion primary deficit under Lula's third term, driven mainly by Correios' financial crisis.
Brazilian state-owned enterprises report a historic R$18.5 billion primary deficit under Lula's third term, driven mainly by Correios' financial crisis.
Protests over proposed law allowing use of Rio de Janeiro pension funds to pay state debts delay legislative vote amid concerns of financial security.
Brazil's federal government grapples with a R$ 46 billion budget deficit after tax proposals fail, while the Senate debates expanding income tax exemptions amid political financing controversies.
Lula's administration escalates social media spending on income tax ads to R$8.4 million, prompting opposition backlash ahead of 2026 elections.
Haddad stresses the collaborative nature of Brazil's fiscal policy amidst judicial actions on electoral finance reforms.
Brazilian municipalities report fiscal health improvements amid economic shifts, though challenges remain.