VOICED : Gobierno interino de Brasil proyecta fuerte deficit en 2016

VOICED : Gobierno interino de Brasil proyecta fuerte deficit en 2016

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Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

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The interim government of Brazil, led by Michel Temer, has projected a significantly larger deficit for 2016 than previously estimated by suspended President Dilma Rousseff. The new estimate is $46.8 billion, compared to the earlier $27 billion. This realistic projection aligns with market expectations and marks the third consecutive year of fiscal deficit for Brazil. The government aims to achieve fiscal balance to stimulate economic growth and employment. The economic crisis has forced Brazil to repeatedly adjust its fiscal targets, with a primary deficit of 1.88% in 2015. Temer, who will remain in power during Rousseff's trial, promises to clarify the country's finances as Brazil faces its worst recession in a century.

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