Brazil’s cities saw their biggest revenue surge in 2024 yet still struggle to balance budgets. Firjan’s Fiscal Management Index hit 0.6531, its highest since 2013. Federal transfers drove much of the growth. The Municipal Participation Fund rose from R$120 billion (about $22.6 billion) to R$177 billion (about $33.4 billion) over five years, and Fundeb education […]
