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Haddad Confident In Tax Reform Passage Through Congress, Petrobras Earnings

BRAZIL
  • The approval of the tax reform bill’s main text in the first vote at the Senate gives comfort that the proposal will be approved in Congress, said Finance Minister Fernando Haddad to journalists on Wednesday. New voting on the text in the Chamber will be simpler, according to Haddad ad he believes it will be possible to enact the tax reform in 2023.
  • Petrobras discloses its 3Q23 earnings report after markets close. The company is expected to benefit from solid output and sales in the quarter, according to analysts.

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