Brazil debates fiscal adjustment and health‑education spending links

Two opinion pieces examine Brazil's public‑finance outlook. One argues that expectations of a fiscal adjustment by 2027 are unfounded, noting the finance minister’s claim that government spending does not drive debt is contradicted by central‑bank data showing debt rising with high real interest rates. The author highlights a projected primary deficit of 0.4% of GDP for 2026 and questions the credibility of any upcoming austerity measures.

The second article gathers economists who argue that linking health and education expenditures to revenue is counter‑productive. They propose raising taxes to fund higher per‑student spending, improving spending efficiency, and temporarily suspending fiscal‑linkage rules while the country pursues a sustainable fiscal balance ahead of the October presidential election.