Economy
Fiscal challenges and economic slowdown mark the start of Lula's fourth term
The next administration will face record public debt, a GDP slowdown in 2027, and cost-of-living pressures, requiring adjustments pointed out by analysts.
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The essentials of this story
- What happened
- Lula's fourth term will have to deal with the rebalancing of public accounts, rising cost of living, and GDP slowdown.
- Who is affected
- The Brazilian population affected by indebtedness and cost of living, alongside the financial market and economic agents.
- What changes
- The government will need to define a new economic team and implement measures to curb indebtedness and adjust the fiscal scenario.
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