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Brazil Boosts 1.6 bn Real Spending, Aims 0.25% Surplus

5/22/2026

48 9 Full Breakdown

Summary

Story summary

Brazil will raise the 1.6 billion-real spending block, Finance Minister Dario Durigan said it cuts into its own flesh.
Durigan said the increase will appear in Friday’s bimonthly revenue and expenditure report in Brasília at 3 p.m. local (1800 GMT) to avoid a spending freeze when fiscal targets are at risk.
The government continues to target a primary surplus of 0.25 % of GDP this year, with a ±0.25 % tolerance band.

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Story summary

Brazil will raise the 1.6 billion-real spending block, Finance Minister Dario Durigan said it cuts into its own flesh.
Durigan said the increase will appear in Friday’s bimonthly revenue and expenditure report in Brasília at 3 p.m. local (1800 GMT) to avoid a spending freeze when fiscal targets are at risk.
The government continues to target a primary surplus of 0.25 % of GDP this year, with a ±0.25 % tolerance band.