BRASILIA (Reuters) – Brazil’s Finance Minister, Fernando Haddad, said on Monday that revenue shortfalls resulting from past tax changes have an impact on new fiscal rules approved by Congress during President Luiz Inacio Lula da Silva’s administration.
Speaking at an event hosted by BTG Pactual bank, Haddad reinforced that he had informed the president that the ministry had been observing considerable frustration in public revenues since July.
(Reporting by Marcela Ayres, editing by Ed Osmond)
