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Tag: Savings

Brazil,Economy Minister, Paulo Guedes talks to reporters about social security reform.

Brazil’s Government Hopes to Save R$1 Trillion with Social Security Reform

Lise Alves -
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s social security reform proposal forecasts savings of least R$1 trillion over a period of ten years, announced the country’s Economy Minister, Paulo Guedes, on Tuesday. "The idea is...
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Finance minister Guido Mantega said the appreciating dollar will support Brazilian industry, Rio de Janeiro, Brazil News

Savings Change May Drop Interest Rates

Contributing Reporter -
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian government has made changes to the way in which the annual rate of interest is calculated on new deposits to the country’s national savings program. Analysts are...
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