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SÃO PAULO, BRAZIL - A study by the State Audit Court (TCE) of São Paulo shows that 559 cities in the state of São Paulo do not have sufficient revenue to meet their primary result targets and/or show evidence of budgetary irregularities.

According to the Court, 86 percent of the 644 municipalities in the state are facing a compromised fiscal and budgetary administration.

The TCE's inspection covers all cities . . .

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