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Economy Minister: New Measures Against Coronavirus Will Be Announced Soon

RIO DE JANEIRO, BRAZIL - The government will announce new measures over the next few days to tackle the coronavirus, Economy Minister Paulo Guedes said, without ruling out the release of the FGTS (Severance Premium Reserve Fund) withdrawals and the deferral in the collection of payroll taxes to provide companies some relief.

Speaking to journalists upon arrival at the Ministry of Economy on Friday, Guedes further stated that the government will import medical and hospital products duty-free.

The economic team is also looking at what can eventually be achieved with respect to excess resources from the PIS/PASEP (Social Integration . . .

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