Brazil's Haddad unveils set of tax tweaks to ensure balanced public accounts

FILE PHOTO: Brazil's Finance Minister Fernando Haddad attends an interview with Reuters in Brasilia, Brazil, October 18, 2023. REUTERS/Adriano Machado/File photo

BRASILIA (Reuters) - Brazil's Finance Minister Fernando Haddad unveiled on Thursday tax adjustments to limit benefits across various sectors and ensure fiscal compensation, which are expected to face opposition in Congress.

The package aims to completely replace the text of an approved bill that President Luiz Inacio Lula da Silva vetoed, just to have it overturned by Congress two weeks ago.