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Montevideo, January 30th 2023 - 11:17 UTC

 

 

Brazil's meets 2017 fiscal target and juggles funds to keep the investment/debt rule

Tuesday, January 30th 2018 - 09:28 UTC
Full article 1 comment

Brazil’s government will tap the nation’s sovereign fund and recent surpluses to cut debt and avoid breaking budget rules this year, officials said on Monday, after easily meeting the 2017 fiscal target. Read full article

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  • :o))

    REF: “to keep the investment/debt rule”:

    Rule?

    WHAT “rule”?

    - There is NO limit on spending
    - There is NO supervision/control
    - There is NO budget
    - The is NO independent auditing
    - There is NO penalty for the misuse
    - There is NO responsibility for inefficiency
    - There also isn't ANY control on the Corrupt-Elite who CREATE the aforesaid situation!
    - Above all; “they” are not even required to return the enormous volumes of wealth which are being stolen over generations! And ALL of this, right under the noses of the ignorant masses who manage to live [barely] and are brainwashed into thinking that they are in a liberal and a “Democratic Country” [thank God!].

    Jan 30th, 2018 - 11:07 am - Link - Report abuse 0

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