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Government Will Freeze BRL2.9bn From Budget To Meet Fiscal Goal

BRAZIL
  • The Treasury has published its bi-monthly income and expenses evaluation report, revealing that the government will freeze 2.9bn reais in spending from the ministries’ budget to meet its fiscal goal, broadly as reported yesterday.
  • Federal Budget Secretary Paulo Bijos and the Treasury Deputy Secretary Viviane Varga will follow with a press conference at 1330GMT.
    • BRAZIL GOVT FREEZES BRL2.9B FROM BUDGET TO MEET FISCAL GOAL (BBG)
    • BRAZIL GOVT SAYS 2024 PRIMARY FISCAL DEFICIT SEEN AT BRL9.3B
    • BRAZIL REDUCES NET REVENUE FORECAST FOR 2024 BY BRL16.8B
    • BRAZIL INCREASES EXPENSES ESTIMATE BY BRL1.6B IN 2024

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