This Discussion Paper aims to carry out an X-ray of federal public spending between 2001 and 2015 and in addition, a preliminary analysis of the fiscal adjustment in progress, identifying what were the expenditure groups and programs/actions hardest hit. The analytical work is based on a model...

This Discussion Paper presents an overview of Brazilian public finances through a meticulous work of adjusting and consolidating fiscal statistics, in which central government data were adjusted to deal with creative accounting and subsequently consolidated with data from subnational...