Brazil' finance minister pledges fiscal balance and cuts in spending

Tuesday, January 6th 2015 - 07:32 UTC

Full article 3 comments

Brazil must focus on making difficult fiscal adjustments in order to get economic growth and investment back in gear, the country's new Finance Minister Joaquim Levy said on Monday. At his swearing-in ceremony in Brasilia, Levy said the process will require the participation of society as a whole and will involve changes to taxes and spending, without resorting to accounting shortcuts. Read full article

Comments

Disclaimer & comment rules

ChrisR
He can pledge all he likes but at the first sign of civil unrest DumbAss Dilma will “take charge” again and start fucking Me. Market.

She just cannot help herself.
Jan 06th, 2015 - 10:43 am - Link - Report abuse 0
-+
yankeeboy
1. Yep, Marxists don't know any different.
Watch how quickly the poor that have moved to the “middle class” fall back into being destitute without their “free” money from the Monkeys in charge.
Jan 06th, 2015 - 12:47 pm - Link - Report abuse 0
-+
Jack Bauer
The fat B agrees to cut everything except the bloated Federal public system...while the country is going down the drain, all they can think of and agree on, besides stealing, is increasing their salaries...including the fat B....15.5 % , when official inflation was 6.52% for 2014. Government handouts have been increased by 10% ; minimum wage by about 11% ; salaries and pensions 6%......fantastic !
Jan 06th, 2015 - 02:25 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!