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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Tax exemptions and reductions given by the Brazilian government to major industry sectors were greatly responsible for the significant decline in federal revenues from January to November which in...
By Karen Shishiptorova, Contributing Reporter RIO DE JANEIRO – The Programa de Aceleração do Crescimento (PAC), or Growth Acceleration Program, was launched in Brazil in January, 2007 by president Luiz Inácio Lula da Silva. During the 2006 president elections, a...
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