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Tag: Brazil spending cap

RIO DE JANEIRO, BRAZIL - Brazil’s Senate passed on Thursday, March 4th, a constitutional amendment letting the government extend emergency pandemic aid to poor Brazilians, while keeping costs within its spending cap. The government said it plans a monthly stipend...
RIO DE JANEIRO, BRAZIL - Shelly Shetty, Fitch's co-director of sovereign ratings for the Americas, said maintaining fiscal credibility and progressing with structural reforms is critical to changing the adverse outlook given Brazil's "BB-" rating in May last year. "Our...

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