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How will Brazil's primary deficit for 2024 compare to fiscal limits by the end of 2024?
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Resolution / Starting Odds
Within fiscal limits • 25%
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Official fiscal reports published by the Brazilian government
Story
Brazil Reduces 2024 Spending Freeze to 13.3 Billion Reais to Meet Fiscal Goals
Sep 21, 2024, 02:40 AM
Brazil announced a reduction in its 2024 spending freeze to 13.3 billion reais ($2.4 billion) for this year. This move aims to comply with the country's fiscal goals amid growing investor concerns about public expenditures. The reduction leaves the primary deficit at 28.3 billion reais ($5.1 billion), which remains within fiscal limits. The government's efforts have improved the fiscal outlook for the year.
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