MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Vote Expected On ICMS Tax Bill Within Two Weeks

BRAZIL
  • Legislative bill that would implement a cap between 17% and 18% for state-level ICMS tax on fuels will be directly sent to Senate floor, Senate Head Rodrigo Pacheco said alongside state finance secretaries.
    • Pacheco said that Senate will take the necessary time to analyze the bill while Fernando Bezerra Coelho, the bill’s rapporteur in the Senate, said he expects a vote on the bill within two weeks
  • Brazil’s primary budget balance is likely to show a surplus of 30.1b reais in April, according to economists surveyed by Bloomberg, compared with a surplus of 4.3b reais in prior reading. Central Bank is expected to release numbers at 1330BST/0830ET.
  • Elsewhere, Central bank Governor Campos Neto is expected to speak in Brasilia at 2pm local while attending a public hearing at Lower House Committee.
  • Brazil Publishes Decree That Freezes BRL8.2b From 2022 Budget (BBG)
    • Decree amends another published on Feb. 11 which deals with budgetary and financial programming and establishes the monthly execution schedule of disbursement for fiscal year 2022.
    • Measure promotes adjustments in order to ensure compliance with the spending cap, says the General Secretariat of the Presidency in statement.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

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.