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Lula da Silva’s program threatens to destroy Brazil’s public accounts: IMF forecasts a brutal increase in deficit by 2023

President Lula da Silva's fiscal plan proposes increasing spending without compensating for new resources.

Only one year of the government of the new President Lula da Silva threatens to undermine the fiscal effort of Jair Bolsonaro's administration.

The International Monetary Fund (IMF) estimates that Brazil will deepen all fiscal imbalances by 2023, putting extreme pressure on inflation and public debt stock.

The IMF forecasts that the Brazilian federal government's financial and . . .

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