Brazil to Cut Spending, Reduce Deficit, Says New Finance Minister

SÃO PAULO—Brazil’s new supervision skeleton to pierce fast to cut spending and revoke a supervision necessity as it tries to get the finances in sequence and coax an mercantile recovery, Finance Minister Henrique Meirelles, pronounced Friday

Mr. Meirelles, who headed Brazil’s executive bank for 8 years underneath President Luiz Inácio Lula da Silva, pronounced during a news discussion that he will exhibit his mercantile proposals as they are ready. The new…

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