Brazil's Haddad seeks to soothe market concerns over income tax reform
Brazil's Finance Minister Fernando Haddad on Thursday sought to calm the market following a meltdown over the announcement of a reform that would increase income tax exemptions, emphasizing that the measures would be fiscally neutral and take effect only in 2026 after Congress approval.
Brazil’s Lula Seeks Income Tax Exemptions Along With Public Spending Cuts
Brazil President Luiz Inacio Lula da Silva has tacked on an income-tax relief measure to a long-awaited plan to cut government spending, heightening concerns about the budget deficit and sparking a selloff in the currency,
Brazil’s Real Drops to All-Time Low as Spending Cuts Fall Flat
The Brazilian real dropped to an all-time low as the government’s proposed measures to cut $12 billion in spending underwhelmed investors.
Brazil proposes income tax reform, frustrating investors focused on spending cuts
Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on Wednesday, the ministry said, adding he will talk about "efficient government".
Brazil President Lula Cuts Spending by $12 Billion as Investor Concerns Soar
Brazil Finance Minister Fernando Haddad unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public spending through 2026 as investors’ fiscal concerns sink assets from the currency to stocks.
Lula Agrees to Cut Spending by $12 Billion in Nod to Markets
Brazil Finance Minister Fernando Haddad has unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...
Brazil’s Real Hits All-Time Low as Budget Cuts Fall Flat
The Brazilian real dropped to a record low as the government’s proposed measures to cut $12 billion in spending underwhelmed ...
Brazil government will be ready to announce fiscal package this week, says finance minister
Brazilian Finance Minister Fernando Haddad said a fiscal package with spending cut measures was finalized in a meeting with ...
Lula busca isenção de IR junto com cortes de gastos, dizem fontes
O presidente Luiz Inácio Lula da Silva decidiu apresentar um plano de correção da tabela do Imposto de Renda juntamente com ...
U.S. News & World Report23d
Brazil's Haddad Presents Fiscal Proposals to Lula, but No Measures Announced
Brazil's Haddad Presents Fiscal Proposals to Lula, but No Measures Announced BRASILIA (Reuters) - Brazilian Finance Minister Fernando Haddad presented fiscal proposals under discussion to other ...
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Fernando Haddad
Brazilian Finance Minister Fernando Haddad is the force behind President Luiz Inácio Lula da Silva’s mission to transform Latin America’s biggest country, which had previously lagged on ...
Yahoo Finance29d
Brazil’s Government Moves Closer to Spending Cut Agreement
(Bloomberg) -- Brazil’s Finance Minister Fernando Haddad has won over one of the government’s biggest critics of spending cuts, moving closer to approving an austerity plan designed to assuage ...