Grace Fan

Director, Brazil/Latin America Research

Elizabeth Johnson

Managing Director, Brazil Research

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Recent Brazil research

* Brazil: Rift widens between Temer and Lower House Speaker Maia, Grace Fan, Elizabeth Johnson, 19 Oct 2017
* Brazil: New electoral rules for 2018, Grace Fan, Elizabeth Johnson, 12 Oct 2017
* Brazil: Little time left for reform, Elizabeth Johnson, Grace Fan, 5 Oct 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017

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Brazil: The darkening cloud over Congress

Overview

The week after ratings agency S&P downgraded Brazil’s sovereign debt to junk, the divided Dilma administration finally cobbled together an emergency game plan to balance the 2016 primary draft budget and to achieve next year’s primary surplus target of 0.7 per cent. Important though this is, it is still up to a disgruntled legislature to redesign, approve or reject it and even government-allied politicians sound sceptical about its...

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