Royalties on oil they give breath to the federal Government

The IRS won financial breather in April, thanks to collection of royalties on oil, which totaled R $118 billion, an increase of 2.27% compared with the same period in 2016. Discounted revenue administered by other government agencies, the collection was R $112.4 billion in the month, better performance for April from 2015.

Already in the first four months of the year, the collection totaled $446.791 billion R, which shows an increase of 0.65% compared to last year. The growth occurred due to the appreciation of the oil, which was down in 2016, as the oil price was low and the national currency devalued against the dollar. However, unlike the collection administered by the IRS, this section does not reflect the performance of the economy

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