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By Newsfeed

RIO DE JANEIRO, BRAZIL - Brazil's government will announce a new freeze on federal spendings later this month, special secretary to the Economy Ministry Waldery Rodrigues said on Thursday, blaming weak growth for stoking a budget deficit and hurting revenues.

The freeze will be announced by May 22, the date by which the government must publish its latest bimonthly report on revenue and spending, a recent addition to its policy framework designed to . . .

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