BRASILIA, April 20 (Reuters) - Brazil's Secretary of
Economic Reforms Marcos Barbosa said on Thursday that the credit
package announced by the government aims to strengthen the
credit market in the long term, paving the way for the country's
capital market to become as robust or larger than the 5 trillion
reais ($988 billion) banking market.
Speaking at the same news conference, Treasury Secretary
Rogerio Ceron also said the Inter-American Development Bank
(IDB) has formalized the availability of lines for credit
operations with Brazilian states and municipalities following
the federal government's proposal to provide counter-guarantees
for public-private partnerships.
($1 = 5.0609 reais)
(Reporting by Marcela Ayres)
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