Brazil's Fiscal Framework to Feature New Spending Tracking Rule, says Haddad

Brazil’s finance chief said the government’s eagerly awaited fiscal framework would include a new rule to monitor spending but without addressing public debt, in remarks on Friday ahead of unveiling the rules backed by President Luiz Inacio Lula da Silva.

In an interview with CNN Brasil, Finance Minister Fernando Haddad stressed that investors need a long-term horizon to commit to projects in the country

Source : Brazil’s Fiscal Framework to Feature New Spending Tracking Rule, says Haddad