Tags Barbosa

Tag: Barbosa

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government’s economic team announced this week that they are asking Congress to approve an alteration of the Budget Law for 2016 which would allow the Union to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government announced on Thursday measures to boost production and recover the country’s growth, including a credit injection of R$83 billion (US$20.4 billion) into the economy. Among the measures...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance Minister of Brazil, Nelson Barbosa, arrived in Zurich, Switzerland today (Tuesday) and has already scheduled talks with foreign investors about investment opportunities in Brazil. The minister is also expected...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The change of finance ministers in Brazil on Friday afternoon did not please the markets. The São Paulo stock market closed down on Monday registering the lowest volume of trade...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazilian President Dilma Rousseff replaced her Finance Minister, Joaquim Levy, on Friday and appointed Nelson Barbosa, to head the government’s economic team. Until yesterday Barbosa had been the country’s Planning...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With only days to go before the start of a new year, Brazil’s Congress approved on Thursday the 2016 Budget which calls for the creation of a tax over financial...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After weeks of uncertainty, Brazil’s Congress finally approved a bill to change the government’s fiscal target, which is now a deficit of R$119.9 billion for 2015. According to Brazil’s Planning,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – To get the approval of what is being called by many supporters as the ‘most transparent budget bill’ ever to be drafted, Brazil’s President Dilma Rousseff said on Monday she...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In an effort to reduce government spending and improve the Administration’s cost efficiency, Brazil’s Planning Minister, Nelson Barbosa, announced the government’s plans on Monday, August 24th to reduce the number...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Social and Economic Development Bank, BNDES, announced this week it would allocate approximately R$60 billion (around US$19.4 billion) from a total of R$170 billion (approximately US$55 billion) of disbursements...
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