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Brazil tackling fiscal woes, on track for recovery -Meirelles
October 11, 2016 / 3:01 PM / a year ago

Brazil tackling fiscal woes, on track for recovery -Meirelles

NEW YORK, Oct 11 (Reuters) - Brazilian Finance Minister Henrique Meirelles said on Wednesday that the country is tackling its fiscal woes and that the country was on its way to start a sustainable growth path.

A day earlier, an overwhelming majority in the lower house of Congress passed in a first-round vote a proposal to cap public spending that is at the heart of President Michel Temer’s austerity plan. (Reporting by Christian Plumb; Writing by Alonso Soto; Editing by Chizu Nomiyama)

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