Speaking at a news conference, he said the government is concerned about addressing a relevant credit agenda, stressing that the cost of credit is "extremely high," making several activities and investments unfeasible. (Reporting by Marcela Ayres)
BRASILIA, March 17 (Reuters) - Brazil's Economic Policy
Secretary Guilherme Mello said on Friday that the Finance
Ministry still expects a primary budget deficit close to 1% of
GDP this year despite projecting lower economic activity.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.