Brazil Nominal Deficit Nears 10% of GDP in 2026

RIO BUSINESS · BRAZIL, 3 AUGUST 2026 Key Facts Headline — Brazil’s nominal fiscal deficit widened to nearly 10% of GDP in the 12 months to June 2026, the widest since 2021. Interest — Nominal interest reached R$1.11 trillion (US$219bn), 8.48% of GDP, in the year to May. Selic — The benchmark rate stands at…