INSUBCONTINENT EXCLUSIVE:
Brazil has made a significant change to its laws that could transform its economy and how the government manages finances.Recently, the
process involves debts owed to the government, both tax-related and others.By converting these debts into something that can be sold to
by the National Confederation of Municipalities (CNM).Their study, The Context of the Fiscal Crisis in Municipalities, revealed a staggering
If signed into law, it will let public institutions sell their debt to private investors, under strict regulation.This could reduce the risk
method has worked well in the United States, boosting revenue collection.The aim is for Brazil to handle its fiscal challenges better and
infrastructure and social areas, potentially stimulating further economic growth.Additionally, by allowing private investment in these
of current interest rates, making these new securities attractive to investors looking for substantial returns.Overall, this law is a
