The Federal Revenue projects a real growth of up to 5% in federal revenue this year, compared to the previous year. The information was given at a press conference, this Friday (26), about federal revenue data for the month of July 2022.
“In managed revenues, this growth should be a little higher, due to the impact that we have seen from special participations and oil royalties.”, said Marcelo Gomide, forecast and analysis coordinator at the Federal Revenue Service.
The average price of a barrel of Brent crude was above US$ 100 from February to July this year, according to the Investing.com platform. The rise in the commodity was influenced by the conflict between Russia and Ukraine, important parties in the international oil chain.
Regarding the collections for the next semester, the Revenue expects a deceleration, but emphasizes that the basis for comparison is low. “In the case of the second half of 2021, our comparison base also grew, and interferes with the comparison this year.”, explains Gomide.
Also according to the Revenue, during the first quarter, the level of growth in collections is remaining at around 23% in relation to the previous year.
This Friday, the institution announced a record federal revenue for July this year, which reached R$ 202.588 billion, the best result in the historical series for the month, which began in 1995.
Source: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.