Brazil proposes $10.8 billion fiscal package
Brazils government proposed new measures to curb spending and improve public finances by up to $10.8 billion next year. The fiscal package aims to limit real spending growth and address investor concerns over public debt.
Brazil proposed a fiscal package worth up to $10.8 billion on Wednesday, aiming to curb public spending and improve government finances next year. Planning Minister Bruno Moretti presented the measures during an afternoon congressional hearing, targeting real spending growth of 2%. The plan seeks to reassure investors concerned about rising public debt following recent elections.
