FISCAL POLICY

Whilst Brasil for some time had, and achieved, a primary fiscal surplus - this is a surplus BEFORE payment of interest on government debt. The ACTUAL budget outcome for the entire period has been deficits, and post 2013 the deficits have reached unsustainable levels, with government debt as a percentage of GDP moving towards 80%.

Google news Brasil fiscal policy

Google news Brasil budget deficit

Brasil loosens budget targets for 2020



Budget outcome Brasil (%GDP)


source: tradingeconomics.com

Government debt to GDP Brasil (%GDP)


source: tradingeconomics.com