BRASILIA: Brazil raised 1.615 billion reais ($517 million) in revenue in the second round of a program granting tax amnesty to undeclared assets held abroad, the Finance Ministry said on Thursday, disappointing expectations as the government struggles to reduce a budget gap.
The figure is a far cry from the more than 46 billion reais raised with the program's first round last year and lags government forecasts of 3 billion reais.
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