Study reveals legislative power over city budgets and federal influence loss over mayors 11/04/2024 In the past four years, parliamentary budget allocations to municipalities have nearly doubled the amount voluntarily transferred by the federal government to local administrations, according to an exclusive study by the technical advisory team of Congressman Pedro Paulo obtained by Valor. […]
Market anticipates policy rate to hit 12.5% per year by mid-2025; some forecasts suggest a return to 13% 11/04/2024 Amid a deteriorating economic outlook and tighter financial conditions since September, the Central Bank’s Monetary Policy Committee (COPOM) is expected to take a more aggressive stance in its current tightening cycle. An acceleration of the Selic […]
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