Business · Economy · 14 hrs ago

Prospera MEI package aims to help Brazil’s microentrepreneurs, experts warn of fiscal risk

Prospera MEI package aims to help Brazil’s microentrepreneurs, experts warn of fiscal risk

Brazil’s government announced Prospera MEI, a package to support microentrepreneurs on Tuesday, the 13th.

The program is aimed at individual microentrepreneurs across Brazil, known as MEIs.

Experts consulted said the package could be beneficial.

They also warned it may pose a fiscal risk.

That means the proposed support raises concerns about its effects on public finances.

The available information does not say what measures are included or when they would take effect.

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