Brazil Finance Ministry Official Durigan says they slashed revenue forecast with CARF trials; government will issue decree on IOF tax changes and its impacts were already considered in their reports
- Did not consider extra revenue with the pre-salt areas oil auction this year. A bill on the matter is under discussion.
- Bill on authorisation to sell oil from adjacent pre-salt areas will be sent in the coming days. Revenue expectation of BRL 15bln is reasonable.
22 May 2025 - 20:27- Fixed IncomeGeopolitical- Source: Newswires
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