MarketsHighEmergingAccelerating
7.9
Former World Bank economist calls 2027 budget 'fiction', warns of crisis
InfoMoney·BR·about 11 hours ago
Brazil's federal government spent over R$1 trillion on public debt interest in 2025, equivalent to 8.35% of GDP, with consolidated debt rising to R$8.635 trillion. Long-term bond yields reached ~14% annually, one of the world's highest real rates, reflecting market perceptions of fiscal risk and uncertainty. This signals deteriorating fiscal sustainability and could pressure the BRL and Brazilian assets.