The Central Bank meets to decide the Selic, union representatives will meet with the government to discuss the civil servants' strike, and working groups on Tax Reform will be created

BRAZIL POLITICS - Report 30 Jan 2024 by Murillo de Aragão and Cristiano Noronha

Today, the Central Bank meets to decide on the basic interest rate (Selic). The Selic is expected to be reduced to 11.25%. Pressure from civil servants for salary hikes remains strong. Employees and representatives of the Central Bank union (Sinal) will meet with the Ministry of Management and Innovation to discuss the work-to-rule operations. Today, the Parliamentary Entrepreneurship Front (FPE), with support from other fronts, will create a working group to prepare a self-applicable complementary bill that continues the regulation of Tax Reform.

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