This is the third chapter of the series of posts on the “2018 Economic Outlook Brazil” that is based on the Presidential Message delivered to the Brazilian National Congress in February, 2018 by President Temer. The official document, in its entirety, advises on the key national policies divided into five central pillars: Economy, Infrastructure, Social, ForeignContinue reading “2018 Economic Outlook Brazil: Foreign Policy”
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2018 Economic Outlook Brazil: Structural Reforms
This is the second chapter of the series of posts on the “2018 Economic Outlook Brazil” that is based on the Presidential Message delivered to the Brazilian National Congress in February, 2018 by President Temer. The official document, in its entirety, advises on the key national policies divided into five central pillars: Economy, Infrastructure, Social, ForeignContinue reading “2018 Economic Outlook Brazil: Structural Reforms”
Financial market shows positive reaction to economic reforms in Brazil
The Brazilian financial market reacted very optimistically to the new government announcements of privatization and to a proposal for new interest rates for BNDES (National Development Bank). The currency value is on the rise and so is IBOVESPA, showing great recovery rates since its last downturn earlier in June, after corruption accusations were released inContinue reading “Financial market shows positive reaction to economic reforms in Brazil”
(Revoked) Brazilian government removes legal protection on mineral reserve
As of August 30th, the decision was revoked by Federal Justice, in response to a popular iniciative, alleging that the authorization of mining practices in the Amazon must be made by passing a Law through the House of Representatives and not by a presidential decree. Original post: The Brazilian government extinguished the legal reserve protectionContinue reading “(Revoked) Brazilian government removes legal protection on mineral reserve”
Brazilian government announces new privatization plans
The Brazilian government has just announced the agenda for a series of new plans for auctioning public assets, aiming to raise government income in order to meet fiscal objectives. This is the follow up stage of a series of privatizations and concessions announced in September 2016, which included in its first phase 34 projects. InContinue reading “Brazilian government announces new privatization plans”
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