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Palácio do Planalto

Brazil govt to announce primary deficit target revision on Monday

President Michel Temer, Finance Minister Henrique Meirelles, and Planning Minister Dyogo Oliveira will hold a final meeting this Monday (Aug. 14) to decide how much the government is going to widen the primary deficit target for 2017 and 2018.

Brasília - O ministro da Fazenda, Henrique Meirelles, durante coletiva no Palácio do Planalto, anuncia o déficit primário de R$ 139 bilhões para 2017 (Valter Campanato/Agência Brasil)

Brazil govt sets $41.63bn primary deficit for 2017

Brazil's 2017 fiscal target has been set at a $41.63 billion primary deficit, Finance Minister Henrique Meirelles announced Thursday (Jul. 7).


Government to take steps to bring inflation to target

Altamir Lopes, Central Bank Director for Economic Policy, said Thursday (Nov. 5) that the inflation will not reach the 4.5% target until 2017 and said that the Central Bank will adopt the necessary measures to meet this goal.

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