2008 Brazilian federal budget

Updated on Dec 07, 2024

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Submitted 5 September 2007 Total expenditures R$1.4 trillion		Total revenue R$1.4 trillion

Submitted by Luiz Inácio Lula da Silva Submitted to National Congress of Brazil

The 2008 Brazilian federal budget was submitted to the National Congress of Brazil by President Luiz Inácio Lula da Silva on 5 September 2007.

Total receipts

The total receipts for fiscal year 2008 are estimated at R$1.4 trillion (all values below are given in Brazilian Real).

Primary receipts: $682.7 billion

$448.7 billion - Federal taxes and tributes

$157 billion - Social security contributions

$77 billion - Other

Financial income: $669.7 billion

State enterprises: $62 billion

The total expenses for 2008 amount to $1.4 trillion.

Mandatory spending: $502.1 billion

$114.9 billion - Transfers to States and Municipalities

$130.8 billion - Payroll

$198.7 billion - Social security

$34.4 billion - Unemployment and other welfare benefits

$3.9 billion - Export subsidy

$19.4 billion - Other mandatory expenses

Discretionary spending: $129.6 billion

Financial spending: $720.9 billion

$504.5 billion - Public debt amortization

$152.2 billion - Public debt interest

$64.2 billion - Other financial expenses

Investments in State enterprises: $62 billion

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