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Brazil tells IMF it's working with Congress to restore fiscal balance and structural change

Monday, April 20th 2015 - 06:51 UTC
Full article 3 comments

Brazil is working with Congress on a broad agenda of structural changes to improve the business climate, increase productivity and set price signals correctly to stimulate investment, announced Finance minister Joaquim Levy in his speech to the International Monetary and Financial Committee (IMFC) this weekend. Read full article


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  • ChrisR

    Working with Congress?

    How will that be possible when most of them will be banged up in jail for corruption?

    A Military Dictatorship is needed to control the crooks and safeguard the country.

    They could start by executing all the government.

    Ha, ha, ha.

    Apr 20th, 2015 - 11:14 am - Link - Report abuse 0
  • 313toBioBio

    A dozen Pinochets it would take to install the shock. Here this smiling Jew says they can do it with more welfare and more dilma. Anyone else want to bet that CFK and Timerman don't come back from Russia? I know I could prove to be a fool next week, but any time they leave It's a possibility.

    Apr 20th, 2015 - 08:04 pm - Link - Report abuse 0
  • Skip

    Australia, like Brazil, is also dealing with the end of the commodity boom.

    Our growth has been affected.
    Our unemployment has been affected.
    Our government indebtedness has been affected.

    And yet our growth has not turned negative.
    Our unemployment has dropped.
    Our government has less than half Brazil's debt.

    I was also surprised to learn that during Brazil's recent high growth period, the second largest increase in immigrants were from Brazil. 12.5% per year between 2004-14.

    Sure it will be the largest over the next decade.

    Apr 20th, 2015 - 10:27 pm - Link - Report abuse 0

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