Brazilian fiscal reform and privatization debates in 2020

On July 5th, Paulo Guedes, ministry of economy in Brazil, gave an interview to CNN Brazil and spoke about his expectation on fiscal reform and privatization proposals still in 2020. He explained that fiscal reform was a priority to the current administration, but the crisis of covid-19 redirected attention to solving issues of population’s health,ContinueContinue reading “Brazilian fiscal reform and privatization debates in 2020”

Foreign investors debate the Amazon forest

Hamilton Mourao (vice-president) and federal ministers (listed below) participated in a videoconference with foreign capital investors (also listed below) to discuss matters related to the Amazon forest. Mourao coordinates the Conselho da Amazonia (national council for the issue of Amazonia), and he proposes to recover the structure of environmental fiscalization. He says that today, theContinueContinue reading “Foreign investors debate the Amazon forest”

2019 Economic Outlook Brazil: Infrastructure and Reforms

On February 4th, the Brazilian President Jair Bolsonaro delivered the yearly Message to National Congress, in its opening ceremony for the 2019 legislative year. This article is based solely on the official document, which is divided in five main chapters: Economy, Infrastructure, Society, Strategic Issues, and Public Administration. It covers highlights related to macroeconomic reformsContinueContinue reading “2019 Economic Outlook Brazil: Infrastructure and Reforms”

Recently created government fund for secured infrastructure projects in Brazil

The other day a foreign investor who was looking into potential infrastructure projects in Brazil asked me whether the Brazilian Government makes use of Sovereign Guarantees, Bank Guarantees and/or SBLC’s to attract and secure foreign investors (ment). At least for infrastructure, I believe the most suitable instrument would be the Brazilian Law 12.712/2012, Art. 32, whichContinueContinue reading “Recently created government fund for secured infrastructure projects in Brazil”

Brazilian Central Bank publishes Fintech regulations

On April 24th, 2018, the Brazilian National Monetary Council (CMN) approved Resolutions 4.656 and 4.657, which regulate the performance of financial technology companies (known as Fintechs) operating in the credit market. According to Resolution 4.656/2018, Fintechs may operate within the following two frameworks: Direct Credit Society, or SCD (Sociedade de Crédito Direto), through which FintechsContinueContinue reading “Brazilian Central Bank publishes Fintech regulations”