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Home>Brazil Plans $22.64 Billion in Budget Cuts -- Update

Brazil Plans $22.64 Billion in Budget Cuts -- Update

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Sat, 23 May 2015

By Paulo Trevisani BRASÍLIA--The Brazilian government on Friday unveiled budget cuts meant to meet fiscal austerity goals while continuing essential investments, Planning Minister Nelson Barbosa said. The total cut to the 2015 budget amounts to 69.9 billion Brazilian reais ($22.64 billion).
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