BRASILIA/SAO PAULO Brazilian Finance Minister Henrique Meirelles resigned on Friday to weigh a presidential bid in the October elections for the ruling MDB party that will depend on whether President Michel Temer decides to run.
SAO PAULO Brazil's economic recovery was weaker than expected in the fourth quarter due to fluctuations in agricultural exports, data showed on Thursday, indicating a gradual but more widely dispersed recovery in Latin America's largest economy.
BRASILIA Brazil's job market has recovered slightly faster than expected after a deep recession, but that should not prevent the central bank from cutting interest rates in coming months, bank president Ilan Goldfajn told Reuters on Wednesday.
BRASILIA Brazil's government on Thursday increased a spending freeze and raised taxes to cover a budget gap this year, reinforcing its commitment to fiscal discipline but dealing a potential blow to fragile economic growth.
BRASILIA Brazil is likely to announce higher taxes on gasoline on Thursday to help meet this year's budget target during a slow economic recovery, a government source said.
BRASILIA, July 19 Brazil is considering higher
taxes on gasoline to help meet this year's budget target during
a slow economic recovery, two sources told Reuters on Wednesday.
BRASILIA Brazilian President Michel Temer should move ahead with plans to reduce the 2019 inflation goal despite the political crisis that has roiled his government, a member of the administration's economic team told Reuters on Tuesday.
BRASILIA Brazilian President Michel Temer is resisting calls from his economic team to implement hefty tax hikes to meet the government's fiscal deficit goal this year, an official familiar with the matter said on Monday.
BRASILIA, March 27 The Brazilian government is
considering 14 billion reais ($4.6 billion) in tax increases and
a spending freeze of 30 billion reais for this year to meet its
key fiscal savings goal, a government source said on Monday.
By Patricia Duarte, Guillermo Parra-Bernal and Eduardo