Brazil slashes industrial tax by 25% for most products
Brazil's government cut the industrial tax (IPI) by 25% to fight inflation and help industry rebound from the pandemic.
February 26, 2022Topic
Minister of Economy Paulo Guedes
Brazil government considers lowering taxes to boost industry – Economy Minister
The federal government is considering a 25% cut in the Tax on Industrialized Products (IPI), a federal duty levied on...
February 23, 2022
CEO Conference gathers top economic and political leaders in Brazil
The CEO Conference, the main political and economic event of the year, has been set. The meeting of the country's...
February 8, 2022
Brazil’s Economy Minister compares public servants’ pay raise to Brumadinho; says measure would cause inflation
In his statements, sent on cell phone messaging groups of Jair Bolsonaro government officials, Guedes claims that if the government...
December 29, 2021
Brazil’s public sector may close year with first primary surplus since 2013
Minister of Economy Paulo Guedes said on Tuesday that the public sector - which includes federal, state, and municipal accounts...
December 8, 2021
Brazil’s Economy Minister to change Treasury head and create special secretariat
Minister of Economy Paulo Guedes will change the Federal Treasury's leadership and create a special secretariat in Economic Studies.
December 4, 2021
Brazil’s Economy Minister: “Political war undermines economic recovery”
Minister of Economy Paulo Guedes on Tuesday, November 30, said that the economy had a V-shaped recovery and that investments...
December 1, 2021
Inflation, not low growth, will be Brazil’s main economic problem in 2022 – Minister of Economy
"The problem will not be low growth, the problem will be resilient inflation. Inflation will probably be a little bit...
November 18, 2021
In U.S. speech, Economy Minister says Brazil is experiencing its “greatest reduction in poverty”
Guedes attributed this achievement to the payment of emergency aid - about R$300 (US$54.4) billion in 2020 - to help...
October 14, 2021