Elizabeth Johnson

Managing Director, Brazil Research

Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Closer to the fiscal precipice, Grace Fan, Elizabeth Johnson, 17 Aug 2017
* Brazil: Is pension reform still possible?, Elizabeth Johnson, Grace Fan, 10 Aug 2017
* Brazil: The cost of Temer’s victory, Grace Fan, Elizabeth Johnson, 3 Aug 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017

See all our Brazil research >>

Brazil’s deepening fiscal hole

Overview

Brazil’s troubling fiscal outlook was back in the spotlight this week following the Dilma administration’s admission that it would not make even its modest primary surplus target of 0.15 per cent of GDP this year. An official announcement is expected soon, but ahead of it, Presidential Chief-of-Staff Jaques Wagner said on Thursday that the central government was likely to post a primary deficit of roughly R$76 billion (US$ 19.5 billion), or more than 1.2 per cent of GDP. This number...

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