Fiscal Adjustment

BRAZIL POLITICS - Report 17 Jun 2015 by Murillo de Aragão and Cristiano Noronha
TCU will postpone trial of government accounts The TCU (Federal Court of Accounts) will wait one month for President Dilma Rousseff to provide clarification in writing on the accounting maneuvers used to balance her government accounts in 2014. Only after this formality is completed will the court begin its examination. This understanding was reached during a closed door meeting conducted on Tuesday night in the court, during which procedures were discussed for the following session. If the conclusion of the trial occurred today, the government’s accounts would be rejected, as this was the ...

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