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Two major Brazilian financial institutions now expect growth of just 0.3%–0.4% in 2027. Their sharply revised forecasts also point to higher inflation, but they are predictions, not measured economic results.
Egyptian ministers approved a draft three-month public-sector restraint plan with 20% electricity and at least 30% official-vehicle fuel targets. Final commencement and savings are not yet verified.
Japan’s lower house passed a bill to cut the tax on eligible food from 8% to 1% for two years. The upper house, the funding plan and payment eligibility remain unresolved.
The government has filed Project 477/2026C, a wide fiscal package combining spending restraint and tax changes. It is a proposal for Congress, not a law or an approved savings plan.