Economy Minister says Brazil's spending cap poorly constructed

Brazil's Economy Minister Paulo Guedes Friday admitted the spending ceiling needed to be pierced because it was poorly constructed, but he insisted that the federal spending cap remains a necessary tool to ensure the stability of public accounts.

Related Keywords

Brazil ,Bolsa Fam ,Adolfo Sachsida ,Agencia Brasil ,Jair Bolsonaro ,Central Bank ,Economy Minister ,Economy Minister Paulo Guedes Friday ,More Brazil ,Economic Policy ,President Jair Bolsonaro ,War Budget ,Emergency Aid ,Brazil Allowance ,Taxi Driver ,Special Advisory ,Economic Studies ,Source Agencia Brasil , ,