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Bloomberg

Brazil Backs Spending Control Measure in Fiscal Nod From Lula

Thursday, August 13, 2026


Brazil's Congress approved measures to curb spending growth. President Luiz Inacio Lula da Silva backed the measures. Congressional action on the spending controls occurred ahead of presidential elections scheduled for later in 2026.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-13/brazil-backs-spending-control-measure-in-fiscal-nod-from-lula

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