Brazil’s tax reform: estimated VAT rate between 25.45% and 27% based on the adopted text of the Parliament
Brazil's new VAT rate could reach 25-27%, among the world's highest. Analysis of the CBS and IBS tax structure and...
August 9, 2023Topic
economic news Brazil
Only five of fifteen states surveyed in Brazil exceed pre-pandemic levels in industry
According to a recent survey by the Brazilian Institute of Geography and Statistics (IBGE), only five out of fifteen areas...
August 8, 2023
Agriculture is the only sector with an increase in export revenue in Brazil
In the first seven months of 2023, the agricultural sector was the only area in Brazil to see a growth...
August 3, 2023
Fitch upgrades credit ratings of 12 Brazilian banks
Fitch Ratings has increased the credit ratings of 12 financial institutions in Brazil, including both public and private banks.
August 3, 2023
Brazil’s trade surplus up 68.7% year-on-year in July
Brazil's trade balance in July reported a surplus of US$9.035 billion, marking a 68.7% increase from July 2022, as announced...
August 1, 2023
Brazil’s purchasing managers’ index rises to highest level in five months in July
The Purchasing Managers' Index (PMI) of Brazil's industrial sector rose from 46.6 in June to 47.8 in July, marking its...
August 1, 2023
Goldman Sachs applauds Brazil’s Central Bank for its economic efforts
In an interview with Valor Econômico, Alberto Ramos, Goldman Sachs' Director of Macroeconomic Research for Latin America, lauded the efforts...
August 1, 2023
25 years of telecommunications privatization in Brazil: investments reach over US$200 billion
Brazil's privatization program reshapes the economy. Analysis of asset sales, investor interest, and infrastructure modernization. Expert coverage from ...
July 28, 2023 Brazil’s federal government reports third-largest June deficit in history
In June, the federal government recorded its third-largest public deficit since the historical series began in 1997, posting a negative...
July 27, 2023