Tags Deficit

Tag: deficit

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – To increase its revenues and boost the economy, Brazil’s federal government announced on Wednesday a plan to privatize 57 federal holdings in hopes these will yield R$44 billion. Among those...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Facing one of the worst economic crises in its history, the Rio de Janeiro state government announced Thursday a series of decrees to curb expenditure. Among the actions is...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The federal government of Brazil registered the worst monthly primary deficit since 1997 in November, registering a negative account of R$21.28 billion, according to the country’s Treasury Department. In the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After spending Christmas with family in the Southern region of the country, Brazilian President Dilma Rousseff is expected to start the last week of the year calling cabinet members for...
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 – In an effort to show that the government is conducting deep reforms in its ranks and trying to reduce spending, Brazil’s President Dilma Rousseff announced on Friday, October 2nd a...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The consolidated public sector accounts in Brazil registered the worst primary deficit result for the month of November since 2001, with a deficit of R$8.1 billion, announced Brazil’s Central Bank...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The trade balance in Brazil registered its worst result for the month of October in sixteen years, according the MDIC (Ministry of Development, Industry and Foreign Trade), with imports surpassing...
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – In an effort to reduce the import of diesel fuel and reduce pollution, Brazil’s President Dilma Rousseff last week signed an executive order increasing the amount of biodiesel to be added...
By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - It has been a volatile 2013 so far for Brazil’s currency, and indeed for Latin America’s largest economy as a whole. Last week, however, the susceptibility of the real...
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