Tag: brazil economy news

• Wednesday, May 15th 2019 - 09:53 UTC

  Brazil's government cuts economic growth forecast, insists Congress must approve pensions' reform

  

  Brazil’s government will cut its 2019 economic growth forecast to below 2% and seek supplementary funding from state-run BNDES development bank to meet current expenditure and avoid breaking its fiscal rules, Economy Ministry officials said on Tuesday.