Budget Deficit Target in Brazil Raised by R$20 Billion in 2017

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Unable to obtain the expected revenues Brazil’s federal government announced on Tuesday it was increasing the nation’s budget deficit target by R$20 billion this year, from R$139 billion to R$159 billion and further reducing costs. “At first, everyone is against change in (budget deficit) target, […]