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EDITION Nº 010 · BRAZILFRIDAY, NOVEMBER 6, 2026 · 13:12
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GOVERNMENT & PUBLIC FINANCES

Eduardo Braga will report on the 2027 Budget with a focus on multibillion-dollar spending

Davi Alcolumbre chose the MDB senator for LOA 2027, whose proposal adds R$7.449 trillion in expenses, with a primary surplus of R$18.6 billion.

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM O ANTAGONISTA · 2 MIN

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Eduardo Braga will report on the 2027 Budget with a focus on multibillion-dollar spending

Senator Eduardo Braga (MDB-AM), leader of the party in the Senate, now heads the general rapporteur for the 2027 Budget in Congress. According to O Antagonista, the choice was confirmed on Tuesday (3rd) by Davi Alcolumbre (União-AP), president of the Senate, in a meeting of leaders. The publication describes the management as focused on multibillion-dollar spending.

The Executive delivered the 2027 budget project to the Legislature on August 31, the date that ends the deadline set by the Constitution. The proposal projects spending of R$7.449 trillion, while the effective primary surplus reaches R$18.6 billion, according to the publication. The minimum wage for 2027 is projected at R$1,741, compared to R$1,621 currently, an increase of R$120.

Braga was also rapporteur for tax reform. When addressing priorities, he cited health, education, infrastructure and security, according to the publication. Before going to the plenary, the proposal must be analyzed by the CMO, the Joint Budget Committee.

Domingos Neto (PSD-CE), president of the CMO, stated that Congress should vote this year on both the LDO and the 2026 budget, according to the planned schedule. According to the rules, without the approval and sanction of the LOA by December 31st, the day before the following fiscal year, the Union is limited to essential or mandatory expenses.

Impact for those who invest

The numbers known so far do not allow measuring the effect on the interest curve or the exchange rate, and the text will still change in Congress. For those who defend fiscal responsibility, the point of attention is the distance between the expected expenditure and the primary result, because it indicates how much fiscal space there is. The smaller the slack, the smaller the margin for surprises, and discussion in the CMO and in the plenary can change this balance. For those who follow the stock market, interest rates and the dollar, the moment calls for monitoring the changes that will still be made to the text.

Automatically translated from Portuguese.

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