Brazil Unfreezes $1.1 Billion of Frozen 2026 Budget

Brazil's government announced a partial unfreezing of its 2026 federal budget, releasing R$5.7 billion (~US$1.1 billion) in previously blocked discretionary spending. The move reduces the total frozen amount to R$17.9 billion (~US$3.5 billion) as officials judge the projected primary surplus sufficient to meet the lower bound of the fiscal target.