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World

COVID-19 second wave to hit Brazil tax revenues in April: economy minister

  • Guedes said a nationwide mass vaccination program against the virus must be accelerated to ensure people can return to work safely, especially the working classes and lower income earners.
Published March 23, 2021
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BRASILIA: Brazil's Economy Minister Paulo Guedes warned on Monday the economic impact from a second wave of the COVID-19 pandemic will be seen in tax revenue data for April, perhaps as early as the second half of March.

Speaking in a virtual press conference after February's record revenue figures were released, Guedes said a nationwide mass vaccination program against the virus must be accelerated to ensure people can return to work safely, especially the working classes and lower income earners.

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