Tags Meirelles

Tag: Meirelles

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 – Faced with dwindling revenues, Brazil’s federal government decided to raise fuel taxes. The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – After two consecutive years of declines Brazil’s economy grew one percent in the first quarter of 2017 compared to the last quarter of 2016, according to the Brazilian Statistics Bureau...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister in Brazil, Henrique Meirelles, said that although the country should register slow growth due to the deep level of recession Brazil should reach the end of the year...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The proposed amendment of a limit on public spending and the Brazilian government's effort to reform social Security are important factors for restart of economic growth in the country, says...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Although still very dependent on inflation behavior and economic activity in the months ahead, Brazil’s Central Bank (CB) has indicated that it plans to continue to cut aggressively the country’s...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Although acknowledging that forecasts for the country’s GDP growth next year continue to decline, Brazil’s Finance Minister, Henrique Meirelles, said on Monday that the government expects Brazil will register some...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s financial market registered heightened volatility on Thursday, December 1st, with the U.S. dollar closing at its highest rate since June against the Brazilian real and the São Paulo Stock...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The number of unemployed persons in Brazil continues to steadily rise, with the unemployment rate in the movable quarter ending in August 2016 (June, July and August), reaching 11.8 percent...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s federal government obtained R$91.8 billion in taxes and contributions in August 2016, more than 10.1 percent less than during the same period last year, and the worst result since...
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