Tag: Paulo Guedes

• Thursday, May 20th 2021 - 09:32 UTC

  Brazil wants Mercosur to agree on a 20% reduction of the Common External Tariff

  

  Brazil is determined that Mercosur's Common External Tariff, TEC, be reduced by 20% in two rounds of unilateral cuts, 10% immediately, and the other 10% in December. This is the official strategy and position of Brazil for the extraordinary meeting in June of the four founding members of the group, in Buenos Aires, underlined Lucas Ferraz, foreign trade secretary of the Brazilian Ministry of the economy.

• Thursday, February 25th 2021 - 10:37 UTC

  Bolsonaro praises Economy minister Guedes trying to overcome the Petrobras controversy

  

  Brazilian President Jair Bolsonaro praised his Economy Minister Paulo Guedes as the “anchor” of his government, in an attempt to quash speculation of a deepening division between the two after Bolsonaro last week ousted Petrobras CEO triggering a plunge in markets.

• Saturday, February 13th 2021 - 08:38 UTC

  Bolsonaro has congress support to extend pandemic emergency payments for another four months

  

  The leaders of Brazilian congress two chambers announced on Friday priority will be given to reviving pandemic emergency payments to the vulnerable population, which are expected to be granted in four months, from March to June.

• Friday, February 12th 2021 - 09:44 UTC

  Brazil after an accountancy mechanism to extend pandemic emergency payments

  

  Brazilian economy minister Paulo Guedes announced on Thursday that pandemic emergency cash payments to the vulnerable will be extended, but with compensating cost-cutting measures to avoid bankrupting public finances.

• Monday, December 14th 2020 - 09:39 UTC

  Tax reform in Brazil stalled in the midst of political dispute and “fiscal abyss”

  

  Brazil is heading into a “fiscal abyss” and a serious crisis next year, following the decision to postpone parliamentary debate on a bill extending emergency aid spending, lower house speaker Rodrigo Maia said on Friday

• Saturday, December 12th 2020 - 09:59 UTC

  UK and Brazil to boost economic relationship

  

  The UK and Brazil made agreements on financial services, taxation, sustainable growth and Green Finance, helping to boost jobs and investments for UK companies. The fourth Economic and Financial Dialogue (EFD) between the UK and Brazil on 10 December 2020 saw the Chancellor, Rishi Sunak, and the Brazilian Economy Minister Paulo Guedes, meeting to build further economic ties between the two countries. They were joined by central bank Governors and heads of financial sector regulators.

• Saturday, December 12th 2020 - 09:41 UTC

  Guedes confident Brazil can help the vulnerable and ensure the spending cap

  

  The Brazilian government has the financial tools to support some of the country’s most vulnerable people next year without threatening the spending cap, its most important fiscal anchor, Economy Minister Paulo Guedes said on Friday.

• Wednesday, November 25th 2020 - 09:06 UTC

  Brazil on track to end recession early 2021, as private activity speeds up

  

  Brazil’s economy probably rebounded at a record quarterly pace in July-September and was on track for a better start to 2021 than previously thought, as businesses and households recovered from the first surge in COVID-19 cases.

• Wednesday, November 18th 2020 - 08:48 UTC

  Brazil surging out of recession strongly, according to Q3 activity data

  

  Brazil is emerging from a recession caused by the coronavirus, Economy Minister Paulo Guedes said hours after the publication of a closely-watched indicator showing activity surged in the third quarter.

• Wednesday, October 28th 2020 - 09:19 UTC

  Bolsonaro “transformative” reforms' goal for Brazil, with a 3,5% average growth during a decade

  

  Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.