The government said it would cut the PAIS tax and consider lifting currency controls

The minister said fresh negotiations would begin after the lender’s eighth scheduled loan review on Thursday

The government will use the money to pay the fund US$912 million maturing on December 21

The Brazilian president fears the far-right figure could ‘set Latin America back 40 years’

The Fund warns that the government’s aid package will cost 0.4% of GDP and calls for “tighter fiscal policies”