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BRAZIL: Treasury Secretary Ceron Says Should Discuss Mandatory Spending Cuts

BRAZIL
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  • Treasury Secretary Ceron has been on the wires, highlighting better tax revenue data for August and saying that mandatory spending cuts for next year should be discussed:
    • Brazil’s Treasury Secretary Ceron says tax revenue in August came in very strong
    • We are heading for the final part of the year with conditions to meet the fiscal target
    • Potential spending freeze may come if needed
    • Strong GDP is poised to help revenues
    • We may unveil additional revenue measures if needed to comply with fiscal target – Reuters
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  • Treasury Secretary Ceron has been on the wires, highlighting better tax revenue data for August and saying that mandatory spending cuts for next year should be discussed:
    • Brazil’s Treasury Secretary Ceron says tax revenue in August came in very strong
    • We are heading for the final part of the year with conditions to meet the fiscal target
    • Potential spending freeze may come if needed
    • Strong GDP is poised to help revenues
    • We may unveil additional revenue measures if needed to comply with fiscal target – Reuters