Fiscal Outlook Report
Histórico
Períodicidade: Semestral1° Semestre
The Fiscal Outlook Report presents forecasts for the main Central Government fiscal variables in a 10-year horizon. The report provides disaggregated estimates for primary revenues and expenditures, as well as for Central Government and Public Sector primary balances, and scenarios for Brazilian public debt, especially for the General Government Gross Debt (GGGD) and Public Sector Net Debt (PSND) concepts.
The document also provides debt sensitivity and sustainability analyses and forecasts for their main determinants (borrowing requirements and interests).
In its sixth edition, this Fiscal Projections Report presents and discusses medium-term projections for the main fiscal variables of the Union, with the aim of sharing relevant reflections with society for a better understanding of the current outlook of the Union's public finances. In addition to the recurring content, it presents a box on recent developments in measures that impact revenue.
A challenging scenario is projected for the management of fiscal policy in the coming years, with an expectation of an increase in public debt in the short term and stabilization in the medium term, given the macroeconomic scenarios and maintaining the fiscal consolidation effort, which requires the adoption of measures to recover revenue or review expenses.
Arquivos
- Fiscal Outlook Report n6 July 2025 - Statistical Annex.xlsx (application/vnd.openxmlformats-officedocument.spreadsheetml.sheet - 65.8 KB)
- RPF-Jul25 - Executive Summary.pdf (application/pdf - 383.5 KB)