Brazil's government widens 2026 primary deficit forecast
EWZ•Brazil's government raised its 2026 primary deficit forecast to 80.9 billion reais, or 0.59% of GDP, from 52 billion reais projected in July. It said 16.1 billion reais in spending must be frozen to comply with fiscal rules.
1. Deficit forecast raised
Brazil's government raised its forecast for the 2026 primary deficit to 80.9 billion reais ($15.61 billion), from 52 billion reais projected in July. The shortfall is equivalent to 0.59% of GDP, and the government will need to freeze 16.1 billion reais in spending to comply with fiscal rules.
