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Home>Brazil's President Limits Spending Ahead of Budget Cuts -- Update

Brazil's President Limits Spending Ahead of Budget Cuts -- Update

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Sat, 13 Feb 2016

By Paulo Trevisani BRASÍLIABrazilian President Dilma Rousseff late Friday issued a decree ordering the administration to reduce spending until her cabinet decides on deeper budget cuts. The decree limits total spending to 146.6 billion Brazilian reais (about $36.6 billion) until the end of March.
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