#Latest news with #gastosReuters22-05-2025BusinessReutersBrazil government to announce $5.5 billion spending containment, IOF tax hikeSAO PAULO, May 22 (Reuters) - Brazil's government is set to announce a spending containment of 31 billion reais ($5.54 billion) and an increase in the IOF tax on financial transactions, Transport Minister Renan Filho said on Thursday. His remarks at a highway concession auction in Sao Paulo came ahead of the expected release of the government's bi-monthly revenues and expenses report in Brasilia, with a press conference scheduled to happen right after. ($1 = 5.5990 reais)
Reuters22-05-2025BusinessReutersBrazil government to announce $5.5 billion spending containment, IOF tax hikeSAO PAULO, May 22 (Reuters) - Brazil's government is set to announce a spending containment of 31 billion reais ($5.54 billion) and an increase in the IOF tax on financial transactions, Transport Minister Renan Filho said on Thursday. His remarks at a highway concession auction in Sao Paulo came ahead of the expected release of the government's bi-monthly revenues and expenses report in Brasilia, with a press conference scheduled to happen right after. ($1 = 5.5990 reais)