www.bloomberg.com
Brazil’s government plans to exclude 10 billion reais ($1.8 billion) from its 2025 fiscal target to financially aid the struggling postal service. This maneuver aims to provide necessary support to the postal service, which is facing a severe financial crisis. By excluding this amount from the fiscal target, the economic team gains flexibility to allocate funds specifically for the postal service’s revitalization, addressing its immediate financial needs and potentially preventing further economic repercussions.
