Tag: government spending

RIO DE JANEIRO, BRAZIL - The Central Bank acted fast, and Brazil will control inflation earlier than advanced countries, said yesterday the Minister of Economy, Paulo Guedes, in the Invest in Brazil event, held by Apex Brasil. He stated that...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – According to a recent report by the Inter-American Development Bank (IDB) violence costs in Brazil were one of the highest recorded in the Southern Cone of South America, with most...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Violent confrontations were once again seen on Tuesday after Brazil’s Senate approved a bill which will limit government’s spending for the next twenty years, by 53 votes against 16. Despite...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Ministry for Planning, Budget and Management has announced its draft budget for 2014, which previews a 6.64 percent increase in Brazil's minimum wage. This adjusts the salary to this...
By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Brazilian government has spent only 17.6 percent of the R$130.4 billion authorized for investments in the country in the federal budget this year, according to a report...

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