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BRAZIL'S NEW FINANCE MINISTER WILL DELAY DIVISIVE TAX PLANS AHEAD OF ELECTION

  • NEWS Desk Global
  • 10 hours ago
  • 1 min read

Brazil's new Finance Minister, Dario Durigan, plans to adjust the ministry's communication strategy and postpone ​tax measures, including rules on crypto taxation, as the ‌country heads into a presidential election this year.

Durigan, who took office on Friday after ​Fernando Haddad stepped down to run for Sao Paulo governor, ​intends to prioritize microeconomic legislation while delaying divisive fiscal ⁠plans to avoid losing political capital in Congress, the ​sources said.

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