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Brazil VP Says Confident Of Selic Cut With Fiscal Framework Approval

BRAZIL
  • Comments from Brazil VP Geraldo Alckmin:
    • BRAZIL NEEDS EFFORT FOR INDUSTRY COMPETITIVENESS
    • SAYS CONFIDENT OF SELIC CUT WITH FRAMEWORK APPROVAL
    • SENATE WILL ADVANCE GUARANTEE LAW FOR CHEAPER CREDIT
    • BRAZIL TO CUT SOME TAX ON CARS PRICED UP TO BRL120,000
    • TAX REDUCTION FOR CARS GOES FROM 1.5% TO 10.79%
    • TAX CUT ON CARS WILL BE THROUGH PROV. MEASURE (BBG)

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