The transition team of president-elect Luiz Inácio Lula da Silva (PT) presented a proposal to leave R$175 billion out of the Budget to fund the Brazil Aid.
The ceiling-breaking PEC (Proposed Constitutional Amendment) presented by the government of President-elect Luiz Inácio Lula da Silva (PT) should raise the public debt to 92.9% of GDP (Gross Domestic Product) by the end of the mandate, in 2026 . . .
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