Market has discussed need for rate hike in last weeks 08/28/2024 Igor Velecico — Foto: Silvia Costanti/Valor The mounting uncertainty regarding the direction of monetary policy has been significant in recent weeks. The perception of an economy resistant to slowing down has joined the U.S. dollar’s appreciation against the real this year, supporting a growing […]
Today’s agenda includes a Supreme Court review of excluding ISS from PIS and Cofins calculations 08/28/2024 Marcelo Montalvão — Foto: Divulgação Four disputes about excluding taxes from the base for calculating other taxes, to be settled by the Federal Supreme Court, could impact the Brazilian government’s finances by R$118.9 billion, according to estimates from Brazil’s […]
Concerns arise over optimistic revenue estimates and tightening discretionary spending amid fiscal constraints 08/26/2024 Antonio Anastasia — Foto: José Cruz/Agência Brasil As the Executive branch prepares to send the 2025 Annual Budget Act (PLOA) to Congress in about a week, Brazil’s public spending watchdog TCU has concluded that the government’s projection for next year’s primary […]