Former World Bank economist calls 2027 budget 'fiction', warns of crisis

Carlos Primo Braga, a former World Bank economist, asserts that Brazil's 2027 budget is unrealistic, citing fiscal mismanagement, high interest rates, and debt fueled by speculative bets. He predicts a recession next year. The claim is an expert opinion, not yet corroborated by data, but it signals growing concern over Brazil's fiscal trajectory.