President Lula has introduced a tax reform plan exempting workers earning below BRL5,000 from income
Brazil’s 2025 Budget Bill proposes a primary surplus of 15 billion reais, up from 3.7
Brazil’s Central Bank has increased the Selic rate to 14.25% to address inflation, following a
Brazil’s central bank increased interest rates by 100 basis points to 14.25%, signaling smaller hikes
Brazil’s President Lula seeks cooperation with Japan on climate change at COP30. He emphasizes Japanese
Brazil’s President Lula hopes for collaboration with Japan on climate change ahead of the COP30
Brazil’s new plan exempts individuals earning up to 5,000 reais from income tax while taxing
Brazil has announced a plan to exempt individuals earning below 5,000 reais from income tax,
Finance Minister Fernando Haddad estimates that Brazil’s income tax exemption proposal will impact public finances
Brazil’s economy grew by 3.4% in 2024, driven by household spending and sector growth. Despite