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MercoPress, en Español

Montevideo, November 15th 2024 - 05:50 UTC

Tag: Brazil fiscal austerity plan

  • Thursday, August 20th 2015 - 07:02 UTC

    Victory for Rousseff: Senate passes major bill of fiscal austerity plan

    The vote puts an end to months of heated debate over the final major piece of legislation in Rousseff's fiscal austerity plan

    Brazil's Senate approved a bill to roll back payroll tax breaks on Wednesday that is a key measure in President Dilma Rousseff's efforts to reduce a gaping fiscal deficit and restore confidence in her government's accounts. The Senate voted 45-27 to pass the bill which was received from the lower house with no changes.