Brazil Flash: ”Government adopts a new scheme to remunerate saving accounts and eliminates a barrier for moving the SELIC down”
Published on Thursday, May 3, 2012
Brazil Flash: ”Government adopts a new scheme to remunerate saving accounts and eliminates a barrier for moving the SELIC down”
Summary
The government decided to face the political costs of changing the rules governing the remuneration of the poupança (the most popular form of savings accounts in the country).
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- Brazil
Topics
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
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