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Brazil Congress Panel Approves End of 20% Import Tax on Sub-$50 Purchases
Valor Econômico·BR·about 20 hours ago
Brazil's Congress approved a bill that creates the Redata budget framework and facilitates amendments, but a provision by Isnaldo Bulhões allows small delinquent municipalities to receive amendments, potentially bypassing fiscal constraints. The move signals legislative maneuvering to expand budget flexibility, with implications for fiscal discipline and local governance.