The International Monetary Fund (IMF) has released a sobering forecast for Latin American economies. Their latest report forecasts that the region’s medium-term growth will hover around 2.5% annually over the next five years. This projection excludes Argentina and Venezuela, two countries facing significant economic challenges. Rodrigo Valdés, Director of the IMF’s Western Hemisphere Department, presented […]
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Brazil Gets Thumbs-Up from OECD for Tax Reforms
David Bradbury from the OECD praised Brazil’s latest tax changes. His comments came before a new OECD report was released. This study looks at 75 countries and their tax actions over the last year. Brazil set a temporary 9.2% tax on crude oil exports, similar to other nations. It also aims to introduce a Value […]
