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Marcela Ayres

Brazil government sees $100 billion interest savings, wiping out primary deficit by 2022

7:53pm GMT

BRASILIA The Brazilian government's interest payment bill on the national debt could fall by 417 billion reais ($100 billion) over the course of its four-year term ending in 2022, by which time the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday.

Brazil 2019 federal tax take rises to five-year high, seen rising this year

4:29pm GMT

BRASILIA Brazil's federal tax revenue last year rose to a five-year high of 1.537 trillion reais ($370 billion), the country's federal tax service said on Thursday, boosted by an increase in the corporate tax take.

Brazil government debt, deficit projections continue to fall: report

16 Jan 2020

BRASILIA The Brazilian government's fiscal outlook for this year and next continues to improve, an Economy Ministry summary of private sector forecasts on Thursday showed, which will give the government more leeway to meet its deficit targets.

Brazil central bank monitoring impact of Iran-U.S. conflict

09 Jan 2020

BRASILIA Brazil's central bank chief, Roberto Campos, said on Thursday that policymakers are monitoring tensions between Iran and the United States to understand how they may affect inflation forecasts, and cited recent sharp swings in commodity prices.

Brazil trade surplus shrinks 20% in 2019 to its smallest in four years

02 Jan 2020

BRASILIA Brazil's trade surplus shrank 20% to $46.67 billion last year, official data showed on Thursday, as upwardly revised exports in recent months failed to mask a widespread slump in overseas demand for Brazilian goods over the course of 2019.

Brazil raises 2020 GDP growth forecast, inflation seen stable

19 Dec 2019

BRASILIA Brazil's central bank on Thursday raised its 2020 gross domestic product growth forecast to 2.2% in its quarterly inflation report from 1.8% previously, but cautioned it was conditional on continued progress on economic reforms.

UPDATE 1-Brazil's fiscal discipline will lead to ratings upgrade -Treasury secretary

05 Dec 2019

BRASILIA, Dec 5 The Brazilian government's commitment to getting public finances in order and maintaining strict fiscal discipline will lead to the country's sovereign credit rating being upgraded, Treasury Secretary Mansueto Almeida said on Thursday.

Brazil could lose its U.N. vote due to debt

04 Dec 2019

UNITED NATIONS/BRASILIA Brazil is in danger of losing its vote at the cash-strapped United Nations if it does not pay some of the $400 million it owes by the end of the year, U.N. and Brazilian officials said. 

Brazil could lose its U.N. vote due to debt

04 Dec 2019

UNITED NATIONS/BRASILIA Brazil is in danger of losing its vote at the cash-strapped United Nations if it does not pay some of the $400 million it owes, U.N. and Brazilian officials said. 

Brazil government finances improve, but tight spending controls to remain

28 Nov 2019

BRASILIA Brazil's public finances improved in October, Treasury figures showed on Thursday, as a seasonally expected monthly surplus helped reduce the government's overall deficit this year and keep it on track to come in below target.

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