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ru24.net
News in English
Июль
2024

Brazil’s Economic Paradox: Rising Revenues Yet Impending Cuts

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In the first half of 2023, Brazil’s federal revenue grew 8.9% compared to last year, outpacing inflation. June’s forecast suggests a 9.9% increase. Despite this surge, analysts predict a substantial primary deficit of R$35.9 billion ($6.6 billion) for June, escalating to R$65.1 billion ($12 billion) over six months. The current figures reveal that revenues are […]



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