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Rio Times

WorldRio Times·Jun 3, 2026·1 min read

Brazil Freezes $855 Million in Defense Budget After Record Boost

BRAZIL · DEFENSE Key Facts —The freeze: The government blocked about R$4.3bn ($855m) of the Defense Ministry’s 2026 budget, making it the hardest-hit portfolio. —The wider cut: It is part of a fresh R$22.1bn block of federal spending…

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