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Brazil’s 2026 Budgets Advance as CMO Clears Sector Reports

Attention now turns to the federal plan’s consolidated report due Dec. 15 ahead of a floor vote the following week.

Overview

  • The Federal District’s legislature passed a 2026 budget totaling R$74 billion, with R$45 billion in its own funds and R$28 billion from the Constitutional Fund.
  • Minas Gerais’ assembly approved the state’s 2026 plan projecting a R$5.21 billion deficit, with R$24.89 billion for education and R$11.93 billion for health.
  • Congress’s budget committee approved all 16 sectoral reports for PLN 15/2025 and scheduled publication of the final text for Dec. 15 with a vote the next week, according to chair Efraim Filho.
  • Health drew roughly 32% of the 7,408 parliamentary amendments, adding R$21.4 billion and lifting the Health Ministry’s allocation to R$262 billion, per rapporteur Veneziano Vital do Rêgo.
  • City councils finalized 2026 budgets in Campinas (R$11.7 billion), Montes Claros (R$3.036 billion) and Taubaté (R$2.618 billion), prioritizing education and health.