The International Literary Festival of Paraty faced a 48% budget reduction between 2025 and 2026, resulting in a more austere edition, though without compromising the main program.
The budget drop occurred mainly due to difficulties in securing sponsorships, according to artistic director Mauro Munhoz. He cited three objective reasons: the World Cup year, presidential and state elections, and the international context marked by wars and uncertainties linked to U.S. President Donald Trump.
This year's six sponsors, via the Rouanet Law, are Itaú, Motiva, Netflix, MaqMóveis, Tokio Marine Seguradora and BMC Hyundai. In the previous year, companies such as Nubank and Vale also contributed, but at higher amounts.
Despite the cuts, the number of authors rose to 38, with 18 international guests. There were isolated issues, such as screen failures and audio noise, but the auditoriums and the quality of the main program were maintained.
