Brazil’s 2024 Budget Deficit Nears R$100 Billion

The Brazilian government, led by President Luiz Inácio Lula da Silva, reported a primary deficit of R$22.404 billion ($4.11 billion) in August 2024. This deficit decreased by 19.6% in real terms compared to the same month last year. The accumulated deficit for the year reached R$99.383 billion ($18.24 billion). The National Treasury released these figures […]