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Haddad Makes Comments On Tax Revenue Problems

BRAZIL
  • BRAZIL TAX REV. HAS BEEN AFFECTED BY MANY FACTORS: HADDAD
  • BRAZIL TAX COLLECTION AFFECTED BY TAX BREAKS
  • SAYS INFORMED LULA ABOUT TAX REV. PROBLEMS
  • LULA IS BECOMING AWARE OF PROBLEMS WITH TAX REVENUE
  • LULA WAS FLAGGING FISCAL RISKS IN LAST WEEK'S REMARKS (BBG)
  • Recall: Lula said on Friday that his government does not need to erase its fiscal deficit next year, given the importance of funding for priority projects and construction investments. Addressing reporters at a news conference, Brazil’s president said there is no need to eliminate the budget deficit immediately and chided investors for demanding targets that cannot be met.

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