MercoPress, en Español

Montevideo, May 26th 2024 - 22:06 UTC



Brazilian Lower House votes amendment to cap spending for twenty years

Wednesday, October 26th 2016 - 05:48 UTC
Full article 1 comment

Brazilian President Michel Temer won another victory on Tuesday in his efforts to restore fiscal discipline when the lower house of Congress approved a constitutional amendment to cap spending for 20 years. Heavy public spending, a recession and a massive corruption scandal rocking Brazil's political establishment undermined confidence in Latin America's largest economy. Read full article


Disclaimer & comment rules
  • :o))

    They should also cap the stealing; since totally eliminating the corruption, bribes, money laundering, etc, etc, can NEVER be stopped.

    Nov 03rd, 2016 - 02:40 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!