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Tag: FERNANDO HADDAD

economics

Brazil Engages in Extended Tariff Negotiations with the U.S. on Sugar and Ethanol

March 21, 2025March 21, 2025 - by Liam O'Sullivan - Leave a Comment

Brazil’s Finance Minister anticipates lengthy U.S. tariff negotiations involving sugar and ethanol, stressing a strategy of reciprocity. Despite high U.S. tariffs on sugar, Brazil remains poised to negotiate while reviewing …

Brazil Engages in Extended Tariff Negotiations with the U.S. on Sugar and Ethanol Read More
Business / economics

Brazil’s Lula Proposes Income Tax Cuts to Boost Popularity Among Middle Class

March 20, 2025March 20, 2025 - by Maya Chowdhury - Leave a Comment

Brazilian President Lula has proposed a tax reform to exempt workers earning under BRL5,000 monthly from income tax, benefiting 13.4 million workers. To offset the revenue loss of BRL26 billion, …

Brazil’s Lula Proposes Income Tax Cuts to Boost Popularity Among Middle Class Read More
Business / Companies / economics

Haddad: No Recession Required to Tame Brazil’s Inflation

March 20, 2025March 20, 2025 - by Liam O'Sullivan - Leave a Comment

Brazil’s Finance Minister Fernando Haddad believes a recession is unnecessary for lowering inflation. He emphasizes potential economic growth without excessive consumer price increases while acknowledging the central bank’s role in …

Haddad: No Recession Required to Tame Brazil’s Inflation Read More
Business / economics

Haddad: No Recession Necessary to Lower Brazil’s Inflation

March 20, 2025March 20, 2025 - by Liam O'Sullivan - Leave a Comment

Finance Minister Fernando Haddad stated that Brazil does not need a recession to lower inflation, advocating for continued economic growth. He recognized the need for the central bank to take …

Haddad: No Recession Necessary to Lower Brazil’s Inflation Read More
Business / economics

Brazil Implements Income Tax Exemption Plan to Boost Popularity of Lula

March 18, 2025March 18, 2025 - by Liam O'Sullivan - Leave a Comment

Brazil has announced a plan to exempt individuals earning up to 5,000 reais monthly from income tax, funded by taxing high earners and overseas profits. The proposal is intended to …

Brazil Implements Income Tax Exemption Plan to Boost Popularity of Lula Read More
Business / economics

Brazil’s Finance Minister Adjusts Income Tax Exemption Cost Estimate to $4.75 Billion

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Brazil’s Finance Minister re-estimated the cost of the income tax exemption proposal at 27 billion reais ($4.75 billion) annually, down from 35 billion. The initiative seeks to raise the tax-exempt …

Brazil’s Finance Minister Adjusts Income Tax Exemption Cost Estimate to $4.75 Billion Read More
Business / economics / Technology

Brazil Finance Minister Predicts $4.75 Billion Fiscal Impact from Tax Exemption

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Brazil’s Finance Minister Fernando Haddad announced a proposed increase in income tax exemption, anticipating a fiscal impact of 27 billion reais ($4.75 billion) annually. He assured that measures would be …

Brazil Finance Minister Predicts $4.75 Billion Fiscal Impact from Tax Exemption Read More
Business / economics

Brazil’s Finance Minister Projects $4.75 Billion Fiscal Impact from Tax Exemption

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Brazil’s Finance Minister, Fernando Haddad, projects a fiscal impact of 27 billion reais ($4.75 billion) annually from increasing the income tax exemption. He assures that this impact will be neutralized …

Brazil’s Finance Minister Projects $4.75 Billion Fiscal Impact from Tax Exemption Read More
Companies

Brazil Considers Measures Against U.S. Tariffs on Steel and Aluminum

March 13, 2025March 13, 2025 - by Maya Chowdhury - Leave a Comment

Brazil’s government plans to evaluate responses to U.S. tariffs on steel and aluminum, including potential measures at the WTO. The tariffs may harm Brazilian exports valued at $3.2 billion in …

Brazil Considers Measures Against U.S. Tariffs on Steel and Aluminum Read More
Business / Companies / economics

Brazil Implements New Payroll-Deductible Loan Regulations for Workers

March 12, 2025March 12, 2025 - by Maya Chowdhury - Leave a Comment

Brazil has introduced new rules expanding payroll-deductible loans for private-sector workers via a digital work card app, aimed at reducing debt and lowering interest rates. President Lula’s initiative seeks to …

Brazil Implements New Payroll-Deductible Loan Regulations for Workers Read More

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