Brazil’s Rousseff Discusses Budget Cuts With Economic Team

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazilian President Dilma Rousseff met with her economic team over the weekend to finalize the discussions of budget cuts so that fiscal adjustments, announced by the government since the beginning of the year, as well as the primary surplus, are met. Attending the meeting were Finance Minister, Joaquim Levy, Planning Minister, Nelson Barbosa as well as Chief of Staff Aloizio Mercadante. These spending cuts are expected to be announced by Friday, May 22nd.

According to market analysts, the cuts in the 2015 Subscribe to our Premium Membership Plan. Already Subscribed?