Tags Budget

Tag: Budget

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance Minister Henrique Meirelles was in Washington D.C. on Thursday (October 12th) and said Brazil has the potential to grow by four percent per year - in the next three...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The finance minister of Brazil, Henrique Meirelles, announced Wednesday, March 29th, measures that will allow the government to meet the primary result target for this year, which is a deficit...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL – For years the city of Rio became increasingly expensive, between currency exchange rates and inflation, it was crossed off the list of many budget travelers. However the famous Carnival...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – President of Brazil, Michel Temer, announced this week that his administration would be increasing the Ministry of Culture’s budget by more than forty percent. The ministry was the focus of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Last minute talks and negotiations were made this weekend in Brazil’s capital, Brasilia, as the government of President Michel Temer tries to guarantee that the Chamber of Deputies will vote...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s Ministry of Education announced this week that it will increase the country’s education budget next year by approximately R$9 billion. The 2016 education budget approved by Congress in...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After years of planning and implementing new infrastructure works, Rio de Janeiro will host the 2016 Olympics and Paralympic Games. The Games, according to the latest estimates, cost at least...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Organizers say that over 10,000 protesters came together yesterday, March 2nd, to demonstrate against the financial plan proposed by Governor Luiz Fernando, nicknamed "Pezão" (Bigfoot). The budget-cutting measures in...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In one of her last acts for 2015, Brazilian President, Dilma Rousseff, sanctioned the 2016 budget bill, on December 31st. The President, however, vetoed several items, including the clause which...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Despite the current economic woes faced by the country, Brazil’s federal government announced that as of January 1st, 2016 the minimum wage will increase by 11.6 percent to R$880.00 per...
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