Rio de Janeiro submits 2027 budget with R$14bn deficit to state assembly

The Rio de Janeiro state government delivered its 2027 budget bill to Alerj, projecting a R$13.98 billion deficit on R$138.37 billion in expenses and R$124.39 billion in net revenue. The proposal incorporates the state's adherence to the federal Propag debt relief program, which is expected to ease fiscal pressure. The deficit underscores persistent fiscal strain in the state, though the impact of Propag on the final numbers remains to be clarified.