Opinion: Brazil’s Busted Budget
The government has just submitted to Congress its proposed Budget for 2016, together with the obligatory 4 year plan through...
September 2, 2015Topic
Levy
The 2016 Budget Plan in Brazil Pressures Congress
Brazil’s President Dilma Rousseff stated she is willing to visit Congress to explain the budget bill and get it approved.
September 1, 2015
Moody’s Downgrades Brazil’s Credit Rating
Weaker economic performance, lack of political consensus over fiscal reforms and the government’s rising debt burden were factors for the...
August 12, 2015
Brazil Cuts Primary Surplus and Budget for 2015
Government admits tough fiscal adjustments adopted this year have not been very popular, but says they were ‘necessary’.
July 23, 2015
Brazil Announces R$198 Billion Plan in Infrastructure
The infrastructure program marks a ‘turning point’ for the recovery of the country’s economy, says the government.
June 10, 2015
Brazil’s Congress Gives Mixed Reaction to R$70B in Budget Cuts
Critics worry that social programs in education and health will be significantly affected by the reduction in investments in Brazil.
May 25, 2015
Brazil’s Rousseff Discusses Budget Cuts With Economic Team
Federal budget cuts are expected to fall between R$ 60-80 billion in 2015 so that primary surplus target is met.
May 18, 2015
Brazil’s BNDES to Disburse US$19.4 Billion for Infrastructure
The government entity also hopes to encourage the increased participation of the private capital market in the financing of projects.
April 10, 2015 Rousseff Completes Cabinet Nominations for Second Term
A few nominations surprised the financial sector, non-governmental organizations as well as government allies.
January 1, 2015