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Home>Brazil Government Announces Spending Freeze

Brazil Government Announces Spending Freeze

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Tue, 1 Dec 2015

By Paulo Trevisani BRASÍLIA--Brazil announced a freeze on spending Monday, as its fiscal picture worsens amid a deep recession and political gridlock. The government said it was freezing all that is remaining in the 2015 budget, except earmarked, mandatory costs such as public-servant salaries,
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