Brazil’s gross debt to fall to 74.3% of GDP in 2022, says Guedes
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes projected on Tuesday that the country’s gross debt would fall to 74.3% of GDP in 2022, the lowest level since 2018 (75.3%). Speaking at…
Brazil does not need to fear recession abroad, strong dollar, says Guedes
(Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday that the country need not to fear recession abroad or a stronger dollar, arguing that Latin America’s largest economy has its own…
Brazil’s economy minister Guedes says salaries can be increased
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes said on Tuesday that efficiency gains by the government will allow for salaries to be increased after years of no meaningful hike in minimum…
Guedes says world is entering stagflation period, Brazil is heading in opposite direction
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday that the global economy is entering a stagflation period, which will be “much more serious” than he previously imagined. Brazil, on the…
Brazil’s Guedes says 10% tax on dividends could be approved this year
BRASILIA – Brazil Economy Minister Paulo Guedes said a small tax reform may be approved by Congress this year that would include a 10% tax on dividends, which are currently exempt. Guedes,…
Brazil’s Guedes says govt will reduce payroll taxes
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday the government will reduce payroll taxes, without giving details or deadlines for a move he has defended since taking office in 2019.…
Brazil’s Guedes defends leaner tax reform to reduce corporate taxes
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday the country could propose a leaner version of a tax reform to increase taxation on the super-rich and reduce corporate taxes. Speaking…
Brazil’s Guedes says Eletrobras won’t be able to invest enough to keep up with stronger economic growth
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected for the…
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