Brazil's government announced a partial unfreezing of its 2026 federal budget, releasing R$5.7 billion (~US$1.1 billion) in previously blocked discretionary spending. The move reduces the total frozen amount to R$17.9 billion (~US$3.5 billion) as officials judge the projected primary surplus sufficient to meet the lower bound of the fiscal target.

The post Brazil Budget Unfreeze Releases $1.1 Billion for 2026 appeared first on The Rio Times.

Read more - Original news link
Be the first person to like this.
Similar news
Bolivia paid more in external debt service than it received in fresh disbursemen...
25 July, 10:17
A transition report has revealed that 310 aircraft belonging to Colombia's publi...
25 July, 11:24
The U.S. Treasury Department sanctioned two Mexican tequila and agave companies ...
25 July, 10:09
Mexican tax authority SAT secured a MX$2.594 billion (~US$145 million) settlemen...
25 July, 10:00
West Africa's FMCG sector, logistics boom and informal food trade are reshaping ...
25 July, 10:01
Keiko Fujimori takes office as Peru's president on July 28, 2026, following a co...
25 July, 10:26
Mountain Capital Partners (MCP), the U.S.-based operator of Chile's Valle Nevado...
25 July, 10:16
Colombian low-cost carrier Wingo, in partnership with tour operator On Vacation ...
25 July, 10:18