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Brazil’s government says $4 billion budget reshuffle needed for Lula measures in 2027

Oct 19, 2026

BRASILIA, Oct 19 – Brazil’s Planning Ministry said on Monday that the budget reallocations needed to accommodate measures recently announced by President Luiz Inacio Lula da Silva as he seeks re-election in next Sunday’s vote amount to about 20 billion reais ($3.95 billion) in the 2027 budget.

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