Surging Government Expenses Challenge Lula’s Spending Policies

Brazil’s President Luiz Inácio Lula da Silva finds his spending strategy under scrutiny as public expenses skyrocket, testing the sustainability of his economic policies. The combined cost of Social Security, healthcare, and the Continuous Cash Benefit (BPC) reached R$1.23 trillion ($217.7 billion), over half of Brazil’s primary spending last year. This escalation stems from tying […]