Brazil Posts R$18.9 Billion Primary Surplus in January
To obtain the stellar surplus, however, the government significantly cut some of its most important social programs and investments.
February 24, 2017Topic
expenditures
Brazil’s Banco do Brasil Announces Major Restructuring
Measures include closing branches, reducing working hours and launching an incentive retirement plan to save more than R$3 billion.
November 22, 2016
Brazil’s Government to Cut More Than 4,300 Jobs
With the reduction the federal government hopes to reduce federal expenditures by around R$230 million per year.
June 13, 2016
Brazilians Reduce Spending While Traveling Abroad
The US dollar has appreciated nearly 45 percent since January, making airline tickets, hotels and food abroad almost twice as...
November 27, 2015
Rio Prepares to Host 2013 WYD in July
In July, the city of Rio will receive an estimated two million Catholic youths, and Pope Francis himself, for the...
June 18, 2013