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Brazil’s Election Defined by Stark Fiscal Divide Over High Debt and 13.75% Interest Rate

The 2026 Brazilian presidential election pits the incumbent's pro-growth fiscal framework against the opposition's call for aggressive spending cuts to tackle high public debt.

By Eleanor Shaw

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Brazil’s Election Defined by Stark Fiscal Divide Over High Debt and 13.75% Interest Rate
Source: Ricardo Stuckert/Presidência da República / Wikimedia Commons (CC BY 3.0 br)

The 2026 Brazilian presidential election pits the incumbent's pro-growth fiscal framework against the opposition's call for aggressive spending cuts to tackle high public debt.

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