Latin America round-up: Brazil to manage $20 billion
Euromoney Limited, Registered in England & Wales, Company number 15236090
4 Bouverie Street, London, EC4Y 8AX
Copyright © Euromoney Limited 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Latin America round-up: Brazil to manage $20 billion

Brazil plans a sovereign wealth fund.

Brazil’s finance minister, Guido Mantega, has announced plans for a $20 billion sovereign wealth fund that will be financed by tax revenues. The government does not plan to use the central bank’s international reserves for the fund, according to Mantega.

Gift this article