Senate President Pacheco’s proposal alters indexation, freezes payments, and sets debt at R$700bn to be repaid over a span of 30 years

Brazil’s bold government action on tobacco saved countless lives. Now the country has another opportunity to promote public health and economic development

Taxation included in draft of bill was removed at President Lula’s request

Probe reveals luxury gifts sold abroad, funds allegedly used for U.S. stay

Inclusion of meat in the tax-exempt basic basket still under negotiation

Finance minister anticipates a R$25.9bn cut in mandatory expenses, after thorough review of social benefits

Amidst this turmoil, positive developments in Brazil’s economy are overshadowed

President’s proposal comes amid discussions on the regulation of tax reform

President hints at Executive Branch action on currency issues; Finance Minister Haddad refutes potential changes to the Financial Operations Tax on foreign exchange transactions

Economic team has been working on expenditure review agenda for 60 days