Brazil yet to decide on new fiscal target, minister says

19 Oct, 2015

SAO PAULO: The Brazilian government has yet to make a decision on a lower fiscal target for this year, Planning and Budget Minister Nelson Barbosa said on Monday.

Barbosa said the government is working to reignite investment growth but, for that, there is the need for less uncertainty and a long-term solution to high fiscal imbalances. He spoke on the sidelines of an event in S?o Paulo.

Copyright Reuters, 2015

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