Brazil central bank cuts interest rate hoping to overcome recession

Friday, February 24th 2017 - 18:55 UTC

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Brazil cut its key interest rate further on Wednesday to try to prop Latin America's biggest economy out of its worst recession in a century. The country's central bank cut the benchmark rate by 0.75 percentage points to 12.25%, still one of the worlds highest. Read full article

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:o))
The economy is shrinking [& the popularity too], isn't it?
SO:
- Attract investments
- Spend less than the earnings
- Limit & Audit spending
- Balance the state-wise budgets
And [oh, YES!] the MOST difficult measures:
- Launder money less frequently & in smaller amounts
- Steal LESS
Mar 03rd, 2017 - 05:44 pm - Link - Report abuse 0
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