Brazil’s finance minister says budget’s spending freeze ‘not enough’

Brazil’s finance minister Joaquim Levy urged lawmakers to back tax increases and cuts to social benefits, saying last week’s spending freeze alone isn’t enough to shore up fiscal accounts, Bloomberg reports today. “There are people who think everything is solved – it isn’t,” he told reporters in Brasilia early on Monday. “Our attention now has … Continue reading Brazil’s finance minister says budget’s spending freeze ‘not enough’