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IOF Resources Are 'Impreciable' and There Is No Alternative Today, Says Treasure

Summary by Globo
The Secretary states that there is an understanding between authorities that there is no delay in fiscal policy The Secretary of the National Treasury, Rogério Ceron, has stated this Thursday that the resources raised by the increase in the Tax on Financial Operations (IOF) are “indebted”. According to Ceron, there are no other sources of resources to compensate for the loss the government would have with the violation of the IOF decree. — There…
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Globo broke the news in Brazil on Thursday, May 29, 2025.
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