Brazil Senate Leader Sees Huge Spending Freeze

Brazil's government plans to announce spending freezes of 30 billion to 35 billion reais ($9.7 billion to $11.3 billion) this week to help meet part of its 2017 budget deficit target, the Senate leader said on Tuesday. The rest of the shortfall will have to come from raised taxes and higher revenues from such sources as infrastructure concessions to private companies, Senator Romero Jucá said in an interview. Jucá said tax increases being studied include one on gasoline...

© La Voix de l'Amérique - mardi 21 mars 2017