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Brazil committed to fiscal consolidation after Fitch decision
May 19, 2017 / 3:58 PM / in 6 months

Brazil committed to fiscal consolidation after Fitch decision

SAO PAULO, May 19 (Reuters) - The Brazilian Finance Ministry said on Friday it is committed to fiscal consolidation following a decision by Fitch Ratings to reaffirm the country’s sovereign rating.

In a statement, the ministry said the agency’s move underlines the importance of measures aimed at lifting Brazil from a recession and promoting sustainable economic growth. (Reporting by Alonso Soto; Writing by Bruno Federowski; Editing by W Simon)

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