The economic team will present on Tuesday (15) the Budgetary Guidelines Bill (PLDO) of 2026. The proposal will bring the government’s main tax projections for next year, including the projection of the minimum wage, fiscal goals, inflation estimates, GDP growth, debt trajectory, expenditure limits, parliamentary amendments and public spending review.
The text must provide minimum wage of R $ 1,627 from January 2026 – a readjustment of 7.18% over the current R $ 1,518. The amount, however, can still be changed until the 2026 Annual Budget Law (LOA) vote, depending on the behavior of inflation throughout the year.
The project should also reaffirm the primary surplus target from 0.25% of GDP to 2026, with a tolerance margin of 0.25 percentage point to more or less, and should bring projections to the coming years.
In the proposal last year, the following years of 0.5% of GDP in 2027 and 1% in 2028, the previous text also designed actual GDP growth from 2.58% to 2026, 3% IPCA inflation and average Selic rate of 7.22% are scheduled for the following years.
The PLDO guides the preparation of the 2026 budget proposal (PLOA), which must be sent to Congress by 31 August and voted by the end of the year.
