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MercoPress, en Español

Montevideo, April 23rd 2024 - 12:00 UTC

Tag: Brazil finances

  • Friday, January 24th 2020 - 08:45 UTC

    Brazilian government finances rapidly improving; primary budget deficit could be eliminated by 2022

    Waldery Rodrigues said the primary budget deficit, before interest payments are taken into account, was on track to end last year at 1% of GDP

    The Brazilian government's interest payment bill on the national debt could fall by 417 billion reais (some US$ $100 billion) over the course of its four-year term ending in 2022, by which time the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday.

  • Tuesday, October 2nd 2018 - 08:58 UTC

    The possible economic options behind Bolsonaro and Haddad

    Haddad has acknowledged he would dump the labor and spending reforms of unpopular outgoing President Michel Temer

    Behind Brazil's polarized presidential election, and unpredictable result, the business class in Latin America's largest economy looking for clear signals of what can be expected as of 2019 either from the former army captain Jair Bolsonaro or from economist Fernando Haddad, handpicked by Lula da Silva as his successor. Hopefully not a choice between “awful” and “extremely awful”