The 2016 Budget Plan in Brazil Pressures Congress

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – To get the approval of what is being called by many supporters as the ‘most transparent budget bill’ ever to be drafted, Brazil’s President Dilma Rousseff said on Monday she is willing to visit Congressional representatives to explain the document. The 2016 budget bill announced by Planning Minister, Nelson Barbosa and Finance Minister Joaquim Levi, forecasts a primary deficit of R$30.5 billion, 0.5 percent of the country’s GDP.

According to the document inflation should decline from the expected over 9.2 percent this year to . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?