In 2024, the government successfully met its fiscal target, ending the year with a primary deficit of R$43 billion, equivalent to a negative balance of 0.36% of the GDP. This result includes expenses related to the reconstruction of Rio Grande do Sul after record floods and firefighting efforts in the Pantanal and the Amazon.
Brazils Fiscal Deficit Decreases by 81.7% in 2024
President Lula emphasizes fiscal responsibility with a significant deficit reduction.