Brazilian finance minister Haddad broadcasts US$47.5 billion bundle for major surplus in 2023

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Brazilian finance minister Haddad broadcasts US.5 billion bundle for major surplus in 2023


The Minister of Finance, Fernando Haddad, has simply introduced a R$242.7 (US$47.5) billion bundle of tax measures to make the federal government file a major surplus in 2023.

The measures contain reversing tax breaks, adjustments within the Administrative Council of Tax Appeals (Carf), and a brand new particular renegotiation of money owed known as the Zero Litigation Program.

According to the minister, the adjustments might make the Central Government (National Treasury, Social Security, and Central Bank) register a major surplus of R$ 11.13 (US$2.1) billion in 2023, towards a deficit forecast of R$ 231.55 billion established . . .

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