Claim True

His government would achieve a primary budget surplus of 4.25% of GDP b...

Lula da Silva: His government would achieve a primary budget surplus of 4.25% of GDP by the end of 2003. Published Aug 27, 2003. Status: True. Lula's governmen...

His government would achieve a primary budget surplus of 4.25% of GDP by the end of 2003.

FactTracker assessment

Lula's government set and met the 2003 primary budget surplus target of 4.25% of GDP for the consolidated pub...

Verification rule: Event occurs: His government would achieve a primary budget surplus of 4.25% of GDP by the end of 2003.; window 2003-08-27 to 2003-12-31

Original source: knowledge.wharton.upenn.edu