Week of July 18

BRAZIL POLITICS - Report 18 Jul 2016 by Murillo de Aragão and Cristiano Noronha

A relatively quiet week due to the “white recess” in Congress, which will resume activity in August. The municipal elections definitively enter the agenda with the beginning of party conventions to choose candidates and coalitions. We highlight the first meeting of the Copom to set the benchmark interest rate under the command of Ilan Goldfajn. The government may announce additional spending cuts.

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