INSUBCONTINENT EXCLUSIVE:
That is a big drop in their economic health.In 2022, they had a surplus of R$ 83.5 billion ($17.22 billion)
But in 2023, it was only R$ 20.6 billion ($4.25 billion).Both years still had more money coming in than going out, not counting debt
It went from a R$ 48.8 billion surplus in 2022 ($10.06 billion) to a R$ 137 billion deficit in 2023 ($28.25 billion).The difference is even
bigger when adding up the Union, states, cities, and state companies.Between the two years, a negative shift was R$ 257.4 billion ($53.05
(Photo Internet reproduction)Bahia was the only state to improve its rating in the credit market
This change means they might not get federal-backed loans.Public sector jobs also went up
The Union, states, and municipalities hired about 403,000 more people over the year.This information comes from the Brazilian stats agency
billion) in extra revenue
Countries like Chile and Colombia have shown more stability in their fiscal policies.This difference highlights the varied economic paths
countries like Germany and the United States have maintained more robust fiscal positions.This comparison underscores the varying impacts of
global economic trends on different economies.
