Tag: deficit

By Lise Alves, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – Much of Brazil’s deficit may be eliminated with swift, effective measures, according to Economy Minister Paulo Guedes. Among the measures the Brazilian government is promising to implement are a...
By Lise Alves, Senior Contributing ReporterSÃO 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 ReporterRIO 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 ReporterSÃO 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 ReporterSÃO 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 ReporterSÃO 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 ReporterSÃO 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 ReporterSÃO 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 ReporterSÃO 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 ReporterSÃO 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...

LATEST NEWS

WEATHER

Rio de Janeiro
mist
20.6 ° C
23 °
19 °
94 %
3.1kmh
0 %
Wed
31 °
Thu
27 °
Fri
29 °
Sat
28 °
Sun
28 °

CURRENCY

BRL - Brazilian Real
USD
3.847
GBP
4.877
EUR
4.372
CAD
2.923
AUD
2.686
error: Content is protected !!