MercoPress. South Atlantic News Agency
Brazil's Barbosa insists fiscal policies to shrink budget deficit “will be maintained”
Brazil’s new finance minister, Nelson Barbosa, continued his effort to win over investors on Tuesday reiterating that the government of president Dilma Rousseff will maintain the same fiscal policies intended to shrink the budget deficit and cut debt that were favored by his predecessor. Read full article
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Disclaimer & comment rulesYeah, this will work: NOT.
Dec 23rd, 2015 - 11:07 am - Link - Report abuse 0If I had been there I would have asked him what relation to The Liar Mantega was he?
This is such a stupid line to spout, he must think everybody is as stupid as him.
The only guy that could fix this right left because he knew the Congress wouldn't implement the austerity plan.
Dec 23rd, 2015 - 12:54 pm - Link - Report abuse 0They're doomed.
The best part of this is I don't see any more Brazilians traveling in the USA.
The market's reaction to the change in Ministers, as well as to Barbosa's proposals, was negative.....the USD went over the 4 Real mark, the stock market dropped....and with a projected reduction in the GDP in 2015, of 3,6%, plus a 12-month inflation rate nearing 11%, don't see things getting better too soon. He called international and domestic investors, trying to convince them of his good intentions, but everyone knows that Barbosa will do nothing that displeases fat-ass, so nothing of essence will change....just a few cosmetic changes here and there, to kid the gullible idiots of the PT.
Dec 23rd, 2015 - 07:39 pm - Link - Report abuse 0This guy went to one of the most “liberal” “progressive” schools in the USA. He's a Marxist/Communist/Statist.
Dec 24th, 2015 - 02:18 pm - Link - Report abuse 0Don't believe a word he says.
He will destroy what's left of Brazil's economy.
Fat-ass has shot herself in the foot....now we'll see the government slowly bleed to death. Happy 2016 !!!
Dec 24th, 2015 - 04:39 pm - Link - Report abuse 0Commenting for this story is now closed.
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