Brazil’s Government to Unveil 2026 Budget Plan, Lula Says
The Brazilian government, led by President Luiz Inacio Lula da Silva, is preparing to unveil its annual budget plan for 2026. This budget will not include the additional 13 billion reais (around $2.4 billion) from court-ordered payments known as precatorios, as reported by the Brazilian newspaper Folha de S.Paulo. The precatorios are a type of court-ordered debt that the government is required to pay. The decision to exclude this additional funding from the 2026 budget plan suggests that the government is taking a more fiscally conservative approach in its budgetary planning. This announcement comes as the Lula administration continues to navigate the economic challenges facing the country. The decision to forego the precatorios funding may indicate a focus on maintaining fiscal discipline and reducing the government's debt burden.
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