Business

Public spending in Brazil: inefficient and unjust

public spending brazil world bank
public spending brazil
Public spending in Brazil is inefficient and unjust. Photo: José Cruz/ABr

The Brazilian government overspends – and poorly so, according to a recent report published by the World Bank. The study was commissioned by the federal administration itself and suggests a series of cuts in federal programs that would represent savings of up to 8.3 percent of the country’s GDP.

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