Politics
6.0
Brazil forgives R$12.6B in unrecoverable debts; Finance says no budget impact
Published 2 d ago3 sourcesEvidence: Reported
SeverityModeratePoder360BR
Brazil's Senate approved a measure raising the MEI (individual microentrepreneur) revenue cap and providing debt forgiveness, with an estimated fiscal waiver of R$ 1.57 billion in 2027. The move expands the informal sector's formalization but adds to fiscal costs, signaling a potential fiscal loosening ahead of elections.
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