By Contributing Reporter

RIO DE JANEIRO, BRAZIL - Federal revenue collection totaled R$113.278 (US$28) billion in May 2019, the Federal Treasury Department (SRF) of the Ministry of Economy reported on Monday, June 24th.

There was a real increase (discounting inflation) of 1.92 percent over the same month in 2018. This was the highest result for the month of May since 2014, when revenues exceeded R$116 billion.

In the year to date (January to May), federal revenues totaled R$637.649 billion, a real increase of 1.28 percent over the same period in 2018, when R . . .

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