Brazilian federal revenue dropped in 2023

Brazil’s Federal Revenue Service on Tuesday said that government revenue amounted to BRL 2.3 trillion (USD 461 billion) in 2023, a 0.12 percent drop in real terms compared to 2022. Robinson Barreirinhas, head of the Federal Revenue Service, said in a press conference that 2023 was “a highly challenging year.” The immediate post-pandemic period, he
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