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Weekly Report - 02 November 2023 (WR-23-44)
BRAZIL: Lula suggests abandoning zero-deficit target
Government ministers had previously committed to achieving a zero fiscal deficit next year. However, on 27 October President Luiz Inácio Lula da Silva gave a press conference in which he distanced himself from his government’s previous objective by suggesting that a zero-deficit target was not essential. His comments sparked concern over his government’s fiscal discipline.
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