BRASILIA, 15 April (Reuters) – The government proposed a primary surplus target of 0.50% of the Gross Domestic Product (GDP) for 2027, equivalent to R$73.2 billion, the Finance and Planning ministries reported this Wednesday, maintaining the fiscal effort target already announced previously.
When presenting the draft Budget Guidelines Law (LDO) that will be sent to Congress with the parameters for preparing the Budget, the government informed that 39.4% of spending on court orders for 2027 will be included in the primary result target for the year.
The economic team also predicted a trajectory with a primary surplus of 1% of GDP in 2028 and 1.25% of GDP in 2029, the same levels previously predicted, and presented a forecast of a positive balance of 1.50% of GDP in 2030.
According to the calculations presented, the government’s gross debt will continue to rise until 2029, when it will reach 87.8% of GDP, starting a downward trend in 2030.