Brazil's Mantega says public savings need to grow in 2015
SAO PAULO, Sept 15 (Reuters) - Brazil needs to bolster public savings next year to allow room for the central bank to fuel credit growth, Finance Minister Guido Mantega said on Monday.
"We have to pursue a higher primary budget surplus in 2015. That would give room for the central bank to make monetary policy more flexible, which has been very severe, very restricted," Mantega said during a conference at the Getulio Vargas Foundation think tank in Sao Paulo.
(Reporting by Renan Fagalde; Writing by Silvio Cascione; Editing by Chizu Nomiyama)
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