Today’s actions are said to continue probes initiated in 2021, targeting a “business group active in financial investments,” linked to concert promotion.
“Following a plunge in the first half of 2020, profitability has returned to levels close to those observed before the pandemic,” a report from Central Bank reads.
The estimate made by financial institutions for the National Broad Consumer Price Index (IPCA)—Brazil’s official inflation—went up from 8.69 to 8.96 percent. This is the 29th consecutive time the projection is revised upwards.
The Treasury estimates that the public debt—combining both internal and external debts—will continue on the rise in the coming months.
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