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Central Bank Nominees Expected Imminently

BRAZIL
  • The profiles of Brazil’s government nominees for the Central Bank board have been presented to the President and the names have already been approved, Finance Minister Fernando Haddad told journalists in Brasilia on Monday. Haddad stated the nominations should come out “as soon as possible”.
  • Local news had reported that the Lower House could potentially vote on the bill taxing offshore investments and some type of exclusive funds. Latest headline crossing the wires:
  • BRAZIL LOWER HOUSE EXPECTED TO VOTE ON BILL TAXING OFFSHORE, CLOSED-END FUNDS ON TUESDAY, SAYS CONGRESSMAN SPONSORING THE BILL - [RTRS]
  • Furthermore, negotiations on the VAT tax reform will also be under close scrutiny.
  • President Lula grants a weekly interview on social media at 8:30am local time. Also in the morning, he attends an event held by Brazilian development bank BNDES for the launching of a climate initiative in partnership with the UN.

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