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Mantega announces yet another stimulus package for Brazil's economy

Wednesday, September 17th 2014 - 04:20 UTC
Full article 5 comments

Finance Minister Guido Mantega presented on Monday a package of tax measures aimed at stimulating Brazil's economy less than a month ahead of the presidential election. Read full article

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  • ChrisR

    The Liar “Mantega also announced that a program providing subsidies to exporters of manufactured goods is to be made permanent, with the levels of support adjusted on an annual basis.”

    Or until this lot are thrown out and the next disaster-in-waiting changes it all and slaps an environmental tax on everything.

    Still, the madness that is Brazil will continue unabated.

    First World economy: ha, ha, ha.

    Sep 17th, 2014 - 11:41 am - Link - Report abuse 0
  • 313toBioBio

    Industries working with Venezuela and Argentina are in shambles. Commodity prices like corn are in the toilet. This is how it ends for his model, he announced his resignation last week and more magic tricks to buy the election..probably with the help of putin.

    Sep 17th, 2014 - 03:01 pm - Link - Report abuse 0
  • Jack Bauer

    ““We want to make Brazilian industry more competitive and reduce juridical insecurity,” says Mantega...and the Dumboass Dilma.
    What never ceases to amaze me is that these incompetent idiots only realize what they should do - or should have done years ago - when the noose is around their neck. Until the Federal Government restructures the current taxation system with a simpler, fairer one, the country will never go ahead. If you start a business here, the moment you start to turn a profit, you can be sure the Authorities” will tax you out of existence. That's the main reason why tax evasion is so widespread.

    Sep 17th, 2014 - 08:44 pm - Link - Report abuse 0
  • Hepatia

    For some strange reason 'Mercopress' has not bothered to report on the Brazilian elections. Possibly they are giving priority to stories of more importance to Mercosul, such as this one:

    http://en.mercopress.com/2014/09/10/falklands-new-historic-dockyard-museum-opens-to-the-public-on-friday

    Since I have not seen it posted anywhere else here I thought I might post this campaign spot from the Marina camp:

    http://en.mercopress.com/2014/09/10/falklands-new-historic-dockyard-museum-opens-to-the-public-on-friday

    At the moment Marina and Dilma are in a dead heat. Could this be The (capital T) advertisement that allows Marina to pull ahead?

    Sep 19th, 2014 - 03:25 pm - Link - Report abuse 0
  • Jack Bauer

    @4 Hippy
    I don't know your views on the presidential candidates, but IF, if you are rooting for Marina, against DumboAss Dilma, it would be the first thing we agree on...

    Sep 19th, 2014 - 09:29 pm - Link - Report abuse 0

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