Brazil's Economy Minister Paulo Guedes Friday admitted the spending ceiling needed to be pierced because it was poorly constructed, but he insisted that the federal spending cap remains a necessary tool to ensure the stability of public accounts.
Brazil's Economy Minister Paulo Guedes told a group of worldwide dignitaries in Washington DC about the South American nation's economic recovery:
The Government of Brazil has taken yet another step toward joining the Organization for Economic Cooperation and Development (OECD) by sending the initial memorandum of accession, it was reported Thursday. The OECD brings together the most industrialized economies on the planet.
Brazilian Economy Minister Paulo Guedes said Monday that his country's Gross Domestic Product (GDP) would outpace the most optimistic projections by the end of 2022.
Brazil's Economy Minister Paulo Guedes Monday expressed his approval to apply an income tax on the extra wealthy citizens in exchange for easing down on collections levied on enterprises, it was reported.
The European Union's Ambassador to Argentina said Thursday that if the trade agreement between the EU and Mercosur was to be revived it was now or never.
Brazil's Economy Minister Paulo Guedes Thursday said he had heard from European representatives a renewed interest in closing a trade deal with Mercosur.
President Jair Bolsonaro Economy minister, Paulo Guedes said that Brazil clearly condemns the Russian invasion of Ukraine but is point blank against imposing economic sanctions on Moscow, a close BRICS partner.
Brazil is considering a further reduction in import fees without having the endorsement of Mercosur country members, reports O Estado de Sao Paulo. The idea is to cut Import Tax rates by another 10% on most products traded with countries outside the bloc.
Brazil's Economy Minister Paulo Guedes Tuesday said his country was a step closer to joining the Organization for Economic Cooperation and Development (OECD) after a new transfer pricing system was introduced.