By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Brazilian government’s new economic team announced the first measures which they hope will reduce the country’s primary deficit and put the economy back into the path of sustainable growth. Finance Minister, Joaquim Levy, announced on Monday, the government will increase taxes on fuels, imports and financial operations, with the goal of obtaining an extra R$20.6 billion in revenues.

“We are taking a series of actions to re-balance public accounts with the objective of increasing the confidence and understanding of economic agents, so that the . . .

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