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Tight Brazil Presidential Race Fuels Major Fiscal Policy Uncertainty Ahead of October Vote

The technical tie between Lula (PT) and Bolsonaro (PL) heightens investor concern over Brazil's rising public debt and the direction of its 2027 budget.

By Eleanor Shaw

Published Sep 27, 2026, 3:20 PM UTC

Tight Brazil Presidential Race Fuels Major Fiscal Policy Uncertainty Ahead of October Vote — Source: Ricardo Stuckert/PR / Wikimedia Commons (CC BY 3.0 br)

The technical tie between Lula (PT) and Bolsonaro (PL) heightens investor concern over Brazil's rising public debt and the direction of its 2027 budget.

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