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Government Seeks Dialogue with Congress and February After Criticism of the Increase in IOF – Young Pan
Summary by Jovem Pan News
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1 Articles
The federal government is faced with criticisms after announcing the increase in the Tax on Financial Operations (IOF), as it aims to strengthen the rise in R$ 20.5 billion in 2025 and R$ 41 billion in 2026. The Brazilian Federation of Banks (Febraban) expressed concerns about the impact of the measure on the cost of credit, especially for micro, small and medium-sized enterprises. In a press conference, the president of Fabraban, Isaac Sidney, …
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