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