Brazil expects to bolster growth with fiscal discipline starting 2016

Tuesday, February 24th 2015 - 04:46 UTC

Full article 14 comments

Brazil needs to act quickly to stabilize its finances and get rid of measures used to stimulate growth during the global downturn in order to bolster expansion in 2016, Finance Minister Joaquim Levy said on Monday. Read full article

Comments

Disclaimer & comment rules

313toBioBio
Mazel Tov Kicilevy!
Feb 24th, 2015 - 02:53 pm - Link - Report abuse 0
-+
ChrisR
We all expect things in life: Brazil seems more than capable of grabbing the crap from every situation.

Ah, well: that's life!
Feb 24th, 2015 - 04:23 pm - Link - Report abuse 0
-+
Jack Bauer
12 years of mismanagement and corruption can't be fixed in one year...Levy is going to have a tough time fighting the PT liberals who would love to keep on with the same destructive policies....as long as they are in power.
Feb 24th, 2015 - 05:46 pm - Link - Report abuse 0
-+
yankeeboy
Too little
Too late

Marxists ruined the country and until they're gone it will continue to get worse.
Feb 24th, 2015 - 07:04 pm - Link - Report abuse 0
-+
313toBioBio
Free Beer Tomorrow!
Feb 24th, 2015 - 11:05 pm - Link - Report abuse 0
-+
Hepatia
No doubt Brazil is on the brink of a recession. Whether it actually goes into recession depends on the decisions made. For a more sober assessment than it is possible to receive from Mercopenguin see:

http://www.reuters.com/article/2015/02/23/us-brazil-economy-fiscal-idUSKBN0LR1GV20150223
Feb 25th, 2015 - 12:51 am - Link - Report abuse 0
-+
Brasileiro
Stop sending tourists to the United States, stop buying US products, overtaxing all imports from the West .... this is a good start.

https://www.youtube.com/watch?v=gS9BOuH0ooc&index=1&list=FLmXPTu1f8AdGlizWNiASx2A
Feb 25th, 2015 - 01:43 am - Link - Report abuse 0
-+
yankeeboy
Yeah that worked well for Venezuela and Cuba.

Pbr bonds are now junk. I wonder when Brazil's bond will follow?
Feb 25th, 2015 - 12:41 pm - Link - Report abuse 0
-+
Brasileiro
The BRIC rating agency is already working? Or was some US rating agency? If it was a US agency, not worth a fart their analyzes.
Feb 25th, 2015 - 09:41 pm - Link - Report abuse 0
-+
Jack Bauer
@6 Hippy
“Whether it actually goes into recession depends on the decisions made”.......
You are right, but it's pretty bloody obvious. The Federal Government is doing its best to disguise the effects of the crisis (political and economic) with all their bs propaganda and lying, but anybody who is exposed to the daily reality, knows what's going on.

@7 brASSHOLES
A good start would be to send you all to Syria, where you could get your stupid heads blown off.
@9 more brASSHOLE
BRIC Rating Agency ?? who are they going to rate ? themselves ? brasshole, your stupidity knows no limit...piss-off !
Feb 25th, 2015 - 10:24 pm - Link - Report abuse 0
-+
yankeeboy
9. You're stupidity is breathtaking.
Feb 26th, 2015 - 12:15 am - Link - Report abuse 0
-+
BOTINHO
Ola Irmao ( Nr. 9 )

Brasil is not sending tourists to North America. They want to go themselves.

We want to see what North Americans ( Asians, Africans, and Europeans ) enjoy, eat, and do. Quality items are voraciously purchased by tourists from Brasil, whether they can afford them or not.

We are not expected to all live like monks in a cave with a horse-hair shirt.

Taking this away in a punitive moment, would cause most airlines to reduce flights, services for airports and aviation, and employees. Inspections at airports would drop off immediately.

So no need to punish the hard worker who finally gets a chance to see the rest of the world. Tourism works both ways, and provides employment.

Sr. Levy is not talking about that.
Feb 26th, 2015 - 03:16 am - Link - Report abuse 0
-+
Jack Bauer
@12BOTINHO
You have more patience than I do.....am coming to the conclusion that the idiot posting at #7 and 9, is incapable of understanding what we are talking about, because never having set foot outside of his slum, he has no basis for comparison.
He gobbles up all the PT propaganda and believes the whole world is the same as his. Poor sod.
Feb 26th, 2015 - 07:41 pm - Link - Report abuse 0
-+
313toBioBio
@13. Stockholm syndrome. He loves his kosher president and her kosher levy.
Feb 28th, 2015 - 07:54 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!