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Brazil's debt to climb further in coming years: official
December 26, 2016 / 6:43 PM / a year ago

Brazil's debt to climb further in coming years: official

BRASILIA (Reuters) - Brazil’s public sector debt will continue to grow in the next three to four years, but then start to stabilize with the help of a measure that limits public spending, the head of the country’s treasury, Ana Paula Vescovi, said on Monday.

General view of a construction site of the railroad Transnordestina in the city of Salgueiro, Pernambuco state, northeast of Brazil, October 26, 2016. REUTERS/Ueslei Marcelino

In a press briefing, Vescovi said the government will meet its 2016 primary deficit target.

Reporting by Alonso Soto Editing by W Simon

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