POLITICSTHE RIO TIMES
Most of Lula’s Spending Package Sits Outside the Fiscal Cap
Most of Lula's spending package operates outside Brazil's fiscal cap, with only a small portion complying with the rules he established. This approach still increases public debt despite the fiscal constraints.
Related Signal
Adjacent reporting
- Namibia: Central Bank Warns Against Rising Public Debt
- Bank of Italy Urges Meloni Government to Keep Eye on Spending
- Don't curtail schemes in budget citing fiscal constraints, K.N. Balagopal tells UDF government
- Colombia Lifts Deficit Target, Leaving a Fiscal Mess for Next Leader
- SEN RAND PAUL: My plan would force Congress to stop overspending your hard-earned money
- Japan's extra budget won't add deficit-covering bonds, Takaichi says