BRASILIA May 27 The Brazilian government will
prolong payroll tax breaks for some sectors, a senior executive
with planemaker Embraer said on Tuesday, in a move to
extend benefits to businesses that are quickly losing confidence
in the economy.
President Dilma Rousseff has granted payroll tax breaks to
56 sectors that range from shoemakers to airplane manufacturers
in a bid to jump start an economy that has slowed sharply in the
last three years.
The head of defense for Embraer, Jackson Schneider, told
reporters after leaving a meeting with Rousseff that the
government was going to extend the tax breaks. He indicated that
the tax breaks will be permanent.
(Reporting by Luciana Otoni; Writing by Alonso Soto; Editing by