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The Brazilian Congress approved lifting the spending ceiling for 2023: up to US$28 billion added to Lula da Silva’s program

The future government of the PT will be able to dispense with fiscal rules throughout the next year, and would have a free hand to launch its "stimulus" program and social aid. Lula da Silva's legislative victory is partial, since not all the provisions sent were approved.

President-elect Lula da Silva won legislative support for the abandonment of fiscal responsibility in Brazil. The “fiscal stimulus” programs and the . . .

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