Brazilian President Michel Temer has officially nominated eleven new ministers, the government's official bulletin said, giving continuity to the government's reform program ahead of the general elections in October.
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.
The government does not work on the hypothesis of a rating downgrade by the main credit rating agencies, said Brazil's Treasury Secretary Ana Paula Vescovi during an interview to release the primary results of the Central Government.