Brazil tax agency strike disrupts government's revenue goals, union reports
Brazil's federal tax agency is on strike over wage demands, impacting the government's revenue plans. The workers' union reports nearly 15 billion reais ($2.6 billion) in tax settlements are pending due to the strike, which began in late November. President Lula's administration aims for 31 billion reais in tax settlements this year, but skepticism surrounds this target after only 5.4 billion reais were raised in 2024. The strike complicates fiscal stability amid external economic risks. The union has sought wage adjustments for inflation since 2016, with inflation exceeding 50% during that time. The Finance and Management ministries have not commented on the situation.