Congress votes on a new fiscal target
BRAZIL POLITICS
- Report
23 May 2016
by Murillo de Aragão and Cristiano Noronha
Michel Temer gives a press conference to discuss the country’s fiscal situation. The new fiscal target, with the R$ 170.5 billion deficit, will be voted upon by Congress. Minister of Finance Henrique Meirelles will announce a series of measures to tackle the emergency and transmit a positive sign to economic agents. In the Senate, the Impeachment Committee defines a work schedule.
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