Brazil Unlikely to Meet Primary Surplus Target in 2016
Instead of a primary surplus, financial institutions forecast a primary deficit of 3.21 percent of the GDP.
February 11, 2016Topic
primary surplus
Brazil’s Congress Approves CPMF Tax with 2016 Budget
The 2016 budget calls for the creation of a tax over financial transactions and establishes a lower primary surplus target...
December 18, 2015
Brazil’s Congress Approves New 2015 Fiscal Target
This is the second year that the Rousseff government has gone to Congress and asked for a revision of its...
December 3, 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
New Unemployment Law in Brazil Could Save R$15 Billion
The bill is the first of a series of measures in the federal government's fiscal adjustment program to pass through...
June 17, 2015
Brazil’s Rousseff Discusses Budget Cuts With Economic Team
Federal budget cuts are expected to fall between R$ 60-80 billion in 2015 so that primary surplus target is met.
May 18, 2015
Brazil’s Public Accounts Down, Lower Primary Surplus Target
Government says it opted to reduce primary surplus to maintain important investments in education, health and infrastructure.
December 30, 2014
Brazil Reduces Economic Growth Forecast for 2015
With the 0.8 percent increase in the country’s GDP, the primary surplus for next year should total R$ 66.3 billion.
December 5, 2014
Brazil Announces New Finance Minister and Economic Team
Nominations are seen as a way to gain back investor confidence and restore Brazil’s economic credibility.
November 28, 2014