The year of 2025 begins in Brazil under the impact of an economic and political scenario marked by contradictions and unfulfilled promises. During Luiz Inácio Lula da Silva’s third term, the initial optimism of 2023 gave way to an scenario of uncertainty that now projects into the new year, aggravated by old practices that collide with the demands of the present.
The surge in the dollar, which has already exceeded the R$ 6 mark, shows a suspicious financial market, amid signs of fiscal lack of control and an economic agenda which fails to generate stability. Inflation, although officially within the targets, has accumulated highs in recent months, pressured by essential items such as food and fuels. The situation, combined with the maintenance of high interest rates by the Central Bank, suffocates consumption and discourages private investments.
The fiscal crisis deepens with the government’s difficulty in approving structuring reforms in Congress. The promise of balance in public accounts faces resistance, both in the political and economic fields, as mandatory spending continues to grow without clear revenue counterparts.
In the political sphere, Lula faces governance challenges. The coalition built with center parties has proven fragile, with essential agendas held by internal differences. In addition, tensions between the federal government and state governments further boost institutional instability, while popular demands for safety, health and education remain in the background.
With Brazil entering 2025 carrying old policies and unresolved challenges, the prevailing feeling is that the new year inherits old problems. In the official speech, the government promises economic recovery and social justice, but the numbers in the real field tell another story, which is customary in Lulopetism, a traditional and eternal mismatch between discourse and practice.
Source: Conexão Política