Brazil s President Jair Bolsonaro Tuesday says he would readjust the salary of civil servants in 2023, although, to do that beyond January 1, he would have to be reelected in October.
Ricardo Lacerda launched a boutique investment bank in the aftermath of the 2008 financial crisis. Having finally succeeded in IPOing his firm at the third attempt, he now looks to navigate it through Brazil’s turbulent waters.
Economy Minister Paulo Guedes announcements Thursday shook Brazilian markets after the official admitted he might not meet the public spending ceiling.
Eletrobras privatization threatens Bolsonaro s election with price hikes amid campaign lapoliticaonline.com.ar - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lapoliticaonline.com.ar Daily Mail and Mail on Sunday newspapers.
Brazilian leaders are dashing hopes for comprehensive tax reform
Political leaders Brazil they have shattered the hopes of a massive tax reform by agreeing to rework the country through some of the changes made to the Byzantine fiscal regime in part.
“The ideal tax reform is one that Congress can approve at this time,” Arthur Lira, speaker of the lower house of parliament, said Tuesday.
It is a tax reform Finance Minister Paulo Guedes’ a liberal economic agenda aimed at increasing the competitiveness of Latin America’s largest economy.
For more than two years, however, progress has been glacial because the government has only had them making his proposal known in July last year. The proposal was included in an agreement reached Monday night between Senate President Lira, Guedes and Rodrigo Pacheco to pass several minor changes in Congress.