Five years ago, Brazil launched a public digital payment infrastructure — and its impact on the financial market and society has been immense. Send us your feedback Support the show
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Five years ago, Brazil launched a public digital payment infrastructure — and its impact on the financial market and society has been immense. Send us your feedback Support the show
Supreme Court to Brazilians: “Follow the money” (preview)
Explaining Brazil
10 minutes
2 weeks ago
Supreme Court to Brazilians: “Follow the money” (preview)
Over the past decade, Brazilian lawmakers have steadily built up procedures to expand their powers over the purse. That has included increasing the overall volume of congressional grants; making a large share of them mandatory spending; limiting the Executive’s discretion over when to release those funds, and creating ways to erase transparency and traceability from the process. A perfect recipe for corruption, which has now trickled down to state and municipal levels. But the Supreme Court ...
Explaining Brazil
Five years ago, Brazil launched a public digital payment infrastructure — and its impact on the financial market and society has been immense. Send us your feedback Support the show