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Local News: Lower House Expected To Vote On Tax Reform Next Week

  • Govt bond issuances brought the liquidity cushion to a more comfortable level, Brazil's National Treasury says in a public debt report for June 2021. (BBG)
    • Treasury's latest issuances aimed at lengthening the debt profile, according to the document
    • Liquidity cushion grew by 70.26% compared to June 2020
    • Debt maturing in the next 12 months estimated at 1.18t Reais
  • Brazil's lower house of Congress is expected to vote on tax reform next week, with the bill likely be amended to exclude certain small companies' profit and dividend taxes, senior lawmakers steering the process said on Wednesday. (NP)
  • Despite increasing global concern, Jair Bolsonaro is determined to expand his exploitation of Brazil's crucial natural resources. His latest project, one of the most destructive yet, would rapidly deforest large areas of the Amazon. (Guardian)

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