São Paulo – The fiscal adjustment measures announced by the Brazilian government received the support of the International Monetary Fund (IMF) this Thursday (17th). In a press conference, the director of the IMF’s Communications Department, Gerry Rice, said that the measures are a “positive step” for Brazil to establish a fiscal balance again and resume growth.<\/p>\n
“It’s important for these measures to be implemented now, including the approval by Congress where it’s required. A strong commitment to push the debt-GDP ratio firmly on a down path is needed to boost the market perception [towards the efforts by the country to get through the crisis] and to foster a return to growth”, he said. <\/p>\n
Among the measures announced by the ministers of Finance, Joaquim Levy, and Planning, Nelson Barbosa, on Monday (14th), are spending and tax breaks cuts and an increase in taxes.<\/p>\n
*Translated by Sérgio Kakitani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Director of the Communications Department, Gerry Rice says that measures announced by the government are a \u2018positive step\u2019 in search of fiscal balance.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-52089","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Director of the Communications Department, Gerry Rice says that measures announced by the government are a \u2018positive step\u2019 in search of fiscal balance.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=52089"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/52089\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=52089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=52089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=52089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}