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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Unable to obtain the expected revenues Brazil’s federal government announced on Tuesday it was increasing the nation’s budget deficit target by R$20 billion this year, from R$139 billion to R$159...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A recent measure adopted by the Brazilian government to allow nearly 30.2 million workers to withdraw the amounts deposited in inactive workers’ fund (FGTS) is expected to inject R$30 billion...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government hopes to obtain an extra R$15 billion in investments from the extension of concessions given to the private sector of rail lines and highways. The government announced...
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