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Luiz Inácio Lula da Silva (Brazilian Portuguese: [luˈiz iˈnasju ˈlulɐ dɐ ˈsiwvɐ] ⓘ; born Luiz Inácio da Silva; 27 October 1945), [1] known mononymously as Lula, is a Brazilian politician who is the 39th and current president of Brazil since 2023. A member of the Workers' Party, Lula was also the 35th president from 2003 to 2011.
Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq. Military spending was cut slightly during the Obama administration, but the Trump administration planned to ramp up military spending to combat ISIL. National defense spending was expected to be $678 billion in 2019, an ...
(The Center Square) – Florida's military bases could receive $488 million from the Department of Defense's fiscal 2025 appropriation if President Joe Biden signs the bill into law. The bill was ...
Donald Trump’s second term bears resemblance to Florida’s political transformation, with key Sunshine State figures leading the charge for dramatic spending cuts and deregulation in Washington.
Haddad also said that Lula approved suggestions the officials presented in the meeting to cut 25.9 billion reais ($4.7 billion) in government spending, which would allow Lula's administration to ...
The LRF also introduced a limit on personnel spending. The federal government is allowed to spend up to 50% of current net revenue, while states, municipalities and the Federal District can spend up to 60%. If spending reaches 95% of the established limit, it becomes forbidden to grant advantages, create positions and jobs and pay overtime.
The government's 2025 debt strategy, due to be unveiled later this month, is expected to continue relying on floating-rate bonds amid local fiscal woes and global concerns over U.S. President ...
Lula took office with inflation at 12.53% and delivered at 5.90%. [14] One of Lula's campaign platforms was the need for constitutional reforms. [15] A relevant reform that took place during Lula's government was the approval of Constitutional Amendment 45, in 2004, which became known as the "Judiciary Reform". [16]