December 12, 2016 / 5:29 PM / a year ago

Brazil mulls stimulus once spending cap passed, Meirelles says

SAO PAULO (Reuters) - The Brazilian government is considering a series of measures to revive the nation’s sluggish economy once Congress passes a budget spending cap bill, Finance Minister Henrique Meirelles said on Monday.

Brazil's Finance Minister Henrique Meirelles speaks at a lunch meeting with bankers in Sao Paulo, Brazil December 12, 2016. REUTERS/Paulo Whitaker

Speaking on the sidelines of an event in São Paulo, Meirelles said a spate of leaked testimonies from witnesses in a massive corruption probe have so far not impacted the discussion and expected passage of the spending cap bill in Congress.

Reporting by Aluísio Alves; Writing by Guillermo Parra-Bernal

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