President-elect Luiz Inácio Lula da Silva’s (PT) transition team presented a proposal to leave $175 billion out of the budget to finance Aid for Brazil.
The PEC (Proposed Constitutional Amendment) presented by the government of President-elect Luiz Inácio Lula da Silva (PT) should increase the public debt to 92.9% of GDP (Gross Domestic Product) by the end of the mandate, in 2026. . .
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