Brazil will not meet 2016 key fiscal target -minister

lunes 31 de agosto de 2015 15:14 GYT

BRASILIA Aug 31 (Reuters) - The Brazilian government will not be able to meet its primary surplus target for next year and instead will likely record a deficit of 30.5 billion reais ($8.41 billion), Planning Minister Nelson Barbosa said on Monday.

Barbosa told journalists in Brasilia that the government and Congress need to agree on spending reforms to avoid a deficit in 2016. ($1 = 3.6261 Brazilian reais) (Reporting by Brasilia newsroom; Editing by Leslie Adler)