Brazil's Haddad seeks to soothe market concerns over income tax reform
Brazil's Finance Minister Fernando Haddad on Thursday sought to calm the market following a meltdown over the announcement of ...
Brazil's Haddad says income tax reform to be neutral, take effect in 2026
Brazilian Finance Minister Fernando Haddad said on Thursday that a reform proposed by the government to increase income tax ...
Brazil President Lula Cuts Spending by $12 Billion as Investor Concerns Soar
Brazil Finance Minister Fernando Haddad unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...
Brazil proposes income tax reform, frustrating investors focused on spending cuts
Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on ...
Brazil’s Real Hits All-Time Low as Spending Cuts Disappoint
The Brazilian real dropped to a record low as the government’s proposed measures to cut $12 billion in spending underwhelmed ...
Brazil government will be ready to announce fiscal package this week, says finance minister
Brazilian Finance Minister Fernando Haddad said a fiscal package with spending cut measures was finalized in a meeting with ...
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BRAZIL: Haddad May Announce Income Tax Exemption For Earnings Up To BRL5,000/mth
"BRAZIL'S HADDAD IS EXPECTED TO ANNOUNCE INCOME TAX EXEMPTION TO THOSE EARNING UP TO 5,000 REAIS, SAYS SOURCE" - ReutersPreviously President Lula had requested studies to ensure that by the end of ...
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Brazil reins in public spending by $12bn for 2025/26
SAO PAULO - Brazil announced a downward adjustment of nearly $12-billion in public spending for 2025 and 2026, a measure ...
Brazil’s Lula Seeks Income Tax Exemptions Along With Public Spending Cuts
Brazil President Luiz Inacio Lula da Silva has tacked on an income-tax relief measure to a long-awaited plan to cut ...
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Haddad Announces Consensus On Spending Cuts In Brazil After Meeting With Lula
(MENAFN- The Rio Times) Fernando Haddad, Brazil's Finance Minister, revealed that a decisive meeting with President Luiz Inácio Lula da Silva has led to an agreement on spending cuts. The ...
Brazil's currency hits record low on skepticism about fiscal measures
The Brazilian real slipped 1.8% on the news to 5.91 per U.S. dollar, its weakest close ever. Brazil's benchmark Bovespa stock ...
Brazil’s financial markets experience volatility amid tax exemption speculations
On Wednesday, November 27, 2024, Brazil’s financial markets experienced significant volatility, marked by a sharp decline in ...