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Brazil's Levy Vows Fiscal Discipline, Names Team

Brazil's government must focus on making difficult fiscal adjustments in order to get economic growth and investment back in gear, the country's new Finance Minister Joaquim Levy said on Monday. At his swearing-in ceremony in Brasilia, Levy said the process will require the participation of society as a whole and will involve changes to taxes and spending, without resorting to accounting shortcuts. “Fiscal balance is indispensable in order to continue granting opportunities to...

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