Tag: Budget

By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – As Brazilian President Dilma Rousseff and her economic team try to convince Brazil’s Congress to approve unpopular austerity measures to try to halt the economy from further disintegration, international financial...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The economic team in Brazil announced on Monday measures that they say will help reduce the expected deficit for 2016 and allow them to reach their goal of a surplus...
By Lise Alves, Senior Contributing ReporterSÃO PAULO, BRAZIL – The government in Brazil is expected to start announcing measures today (Friday, September 11th), to cut expenses so that it may reduce the deficit forecast for the 2016 budget, said...
By Lise Alves, Senior Contributing ReporterSÃO 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...
By Lauren Hogan, Contributing ReporterRIO DE JANEIRO, BRAZIL - Hostels are not for everyone, usually appealing to younger, budget-sensitive travelers, and that goes double for the idea of staying at a hostel in one of Rio's favela communities. Since...
By Stephanie Foden, Contributing ReporterSALVADOR, BRAZIL – In Salvador, when the words ‘Carnival’ and ‘World Cup’ are heard by budget travelers they are followed by thoughts of overpriced hostels and pousadas. Despite tricky circumstances, these massive events can be...
By Maria Lopez Conde, Senior Contributing ReporterSÃO PAULO, BRAZIL - The final version of the proposed federal budget (LOA) report for 2013 has cut the amount of funding provided for the Growth Acceleration Program (PAC), the government's centerpiece investment...
By Kristen Nozell, Contributing ReporterRIO DE JANEIRO, BRAZIL – Despite its place as one of the most expensive cities in Latin America, Rio can still be an enjoyable destination for budget-conscious travelers. With a few money-saving tips in hand, US$2,500 is...
By Maria Lopez Conde, Senior Contributing ReporterSÃO PAULO, BRAZIL – The Brazilian government has spent only 17.6 percent of the R$130.4 billion authorized for investments in the country in the federal budget this year, according to a report...
By Ben Tavener, Senior Contributing ReporterRIO DE JANEIRO, BRAZIL – The construction cost for Rio’s new Metro (Subway) Line 4, will amount to R$8.5 billion (US$4 billion), seventy percent more than the R$5 billion (US$2.4 billion) first estimated, it...

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