Public Finance
CFA warns of additional borrowing that would raise debt to 43.6% of GDP
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The Autonomous Fiscal Council warned Tuesday about the effects of the additional borrowing project for US$6.200 million. Gross debt would reach up to 43.6% of GDP in 2026.
The Monetary Council (CMN) has authorized Correios to secure a loan of up to R$ 8 billion in 2026, backed by the Union, to fund its restructuring plan. This is an initial step, pending further approvals from the Treasury and banks. The company aims to prevent financial crises during the election period.
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On Friday, December 19, the Insee announced that France's public debt now stands at 3,482 billion euros, or 117.4% of GDP, a record level outside times of war or pandemic. This increase of 65.9 billion euros over three months highlights a worrying trajectory, with analysts warning of a potential market crisis if no correction occurs.