BRASILIA, Aug 6 Brazil's government is set to
announce the privatization of three or four large companies
within the next 30-60 days, Economy Minister Paulo Guedes said
on Thursday, adding that the sales have the blessing of
President Jair Bolsonaro.
BRASILIA, July 29 Brazil's Economy Minister
Paulo Guedes said on Wednesday he is very optimistic on pushing
through wide-ranging tax reform, with the next stage centering
on income and payroll taxes following the proposals on
value-added tax earlier this month.
BRASILIA Brazil's economy lost 1.2 million formal jobs in the first half of the year, official figures showed on Tuesday, but the losses almost evaporated in June, indicating that the labor market is over the worst of the coronavirus crisis.
BRASILIA, July 17 Brazilian Treasury Secretary
Roberto Funchal said on Friday that the government is analyzing
the possibility of allowing Brazilians to withdraw money from
their pension funds early, as an emergency measure amid the
BRASILIA Brazilian Central Bank President Roberto Campos Neto said on Thursday that the country's economic recovery so far has been V-shaped, although he expects the pace of growth to slow down from now on.
SAO PAULO/BRASILIA Allowing millions of Brazilian users of Facebook's WhatsApp to send money as easily as texts seemed a golden opportunity for the world's largest social media company.
BRASILIA Brazil's central bank is studying recent data showing inflation is somewhat above expectations to see if there is room for a "residual" cut in interest rates, its president Roberto Campos Neto told Reuters.
BRASILIA Brazil's economy looks to have begun a "V"-shaped recovery from the worst of the COVID-19 crisis, central bank president Roberto Campos Neto said on Thursday, citing the latest energy, traffic and tax collection data as well as double-digit credit growth.
BRASILIA Brazil's emergency payments to low-paid, informal workers hit hard by the COVID-19 crisis stands at around 254 billion reais ($48 billion), more than double all 2020 discretionary spending, a senior Economy Ministry official said on Thursday.
BRASILIA Brazil's government on Thursday revised its 2020 fiscal outlook, forecasting significantly higher debt and wider deficits due to the COVID-19 crisis, and said it will be over a decade before public debt falls back to last year's level.