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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessFinance Ministry Announces Fiscal Measures
- Brazil Finance Minister Haddad Announces Tax Debt Renegotiation Program, Offering Installments, Discounted Fines And Interest
- Announces new rules for companies to generate tax credits based on ICMS state tax
- Says change in ICMS tax credit rules should add 30 billion reais in additional 2023 revenue
- Says totality of fiscal measures planned by the govt would take 2023 primary deficit of 232 bln reais to an 11 bln reais surplus
- Says total adjustment takes into account a broad review of federal government spending, upward adjustment in revenues that were already expected
- Says improvement in budget balance will benefit from reversal of tax reductions on fuels and on financial revenues from large companies
- Says primary surplus forecast considers that the government will not spend 25 billion reais that have already been budgeted
- Expects to increase 2023 revenue by 50 bln reais with tax debt renegotiation program (All Reuters)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.