Note: In January, Haddad Withdrew to Raise IOF to Count the Dollar's Height

In January of this year, Fazenda's minister, Fernando Haddad, publicly denied the government's ability to use the increase in the Tax on Financial Operations (IOF) as a way to contain the value of the dollar. + Read more about West Policy On the occasion, the head of the economic team classified the change movement as part of a seasonal adjustment and refused any change in the tax policy to control the change. “It has a natural accommodation pro…