Brazil's Levy says fiscal austerity to continue

jueves 23 de julio de 2015 17:49 GYT
 

BRASILIA, July 23 (Reuters) - The Brazilian government will continue with its fiscal discipline and work to lower public expenditures in the future, Finance Minister Joaquim Levy said on Thursday.

In a conference call with investors organized by JP Morgan, Levy said the reduction of the fiscal targets for 2015, 2016 and 2017 announced on Wednesday should not be interpreted as a relaxation of the ongoing austerity program.

(Reporting by Alonso Soto; Editing by Christian Plumb)