Brazil’s 2021 budget: can the belt get any tighter?

2021 budget brazil
Image: Wael Khalill Alfuzai/Shutterstock and André Chiavassa/TBR

The Jair Bolsonaro administration is expected to present its 2021 budget proposal to Congress by the end of August. After the major increase in public spending and plunge in economic activity due to the Covid-19 pandemic, there are more pressing needs on the government’s plate than there are resources available to fulfill them. With behind-the-scenes squabbles underway in Congress over next year’s budget, early drafts suggest that education and health will lose out, while defense is set to be the big winner.

The budget plan obtained by O Estado de S.Paulo newspaper shows that the Defense Ministry...

Access all of The Brazilian Report

Less expensive than a coffee!

Enjoy your 30-day limited-time offer for US$ 0.25 a week