Brazil’s government forecasts 2.6% GDP growth in 2025, inflation to hit 3.3%

BRASILIA (Reuters) – Brazil’s government forecast economic growth of 2.6% and inflation of 3.3% for 2025 in its draft budget proposal for the coming year, which was submitted to Congress late Friday.

The proposal projects that the central government — comprising the Treasury, central bank, and social security— will end next year with a zero primary deficit, in line with the official goal of a result equivalent to 0% of gross domestic product (GDP).