September 29, 2016 / 6:17 PM / 2 years ago

Tough reforms key for Brazil to overcome recession -IMF

BRASILIA, Sept 29 (Reuters) - Any watering down of Brazil’s key fiscal austerity reforms in congress could threaten the country’s gradual recovery from a bruising, two year recession, the International Monetary Fund said on Thursday.

In the preliminary findings of its visit to Brazil, the IMF recommended the country make important policy changes, including a revision of a formula to adjust its minimum wage annually and a 5-year plan to balance its depleted public accounts. (Reporting by Alonso Soto; Editing by Diane Craft)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below