No menu items!

Analysis: Vowing Budget Control, Brazil Faces Pressure to Keep Spending

RIO DE JANEIRO, BRAZIL - (Reuters) Brazil’s government entered 2021 determined to slash last year’s record budget deficit, but a devastating second wave of COVID-19 and fragile economic growth are piling the political pressure on President Bolsonaro to keep spending.

Lawmakers seeking to become the next leaders of both houses of Congress have told Reuters they understand the importance of restoring public finances back to health, but are looking for ways to protect growth and Brazil’s poor from the pandemic.

Senator Rodrigo Pacheco (DEM-MG), front-runner in the race to lead the upper house, said on . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content