Ministry of Finance
Government estimates R$111 billion annual impact from congressional bills
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The ministries of Finance and Planning released a joint note on Thursday (11) estimating an annual impact of R$111 billion from nine bills under consideration in Congress. The largest costs would come from raising the Simples Nacional ceiling and renegotiating rural debts.
In the latest clash amid tensions with Banco de la República over rate hikes, Colombia's Finance Minister Germán Ávila held a monetary policy forum without central bank Governor Leonardo Villar—who declined over timing concerns—and slammed the recent 200 basis-point increase for curbing 2026 growth to 2.6% while boosting public debt interest by $1.8 trillion.
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Finance Minister Purbaya Yudhi Sadewa pledged legal assistance for tax officials named suspects in the KPK's January 2026 tax bribery sting, while emphasizing no interference in the probe. This follows January 13 raids on tax authority offices and a mining firm's site.