State-Owned Companies in Brazil Face Record Losses of R$2.73 Billion, Raising Concerns Over Fiscal Stability and Investor Confidence
In recent months, Brazil’s state-owned enterprises (SOEs) have reported unprecedented financial difficulties, with a combined deficit of approximately R$2.73 billion (around USD 540 million) between January and April 2023. This alarming figure, highlighted by the Central Bank of Brazil (BC),…
