Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Closer to the fiscal precipice, Grace Fan, Elizabeth Johnson, 17 Aug 2017
* Brazil: Is pension reform still possible?, Elizabeth Johnson, Grace Fan, 10 Aug 2017
* Brazil: The cost of Temer’s victory, Grace Fan, Elizabeth Johnson, 3 Aug 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017

See all our Brazil research >>

Brazil: Another crack in the government appears

Overview

Under friendly fire from her Workers’ Party (PT), embattled President Dilma Rousseff late last week appeared to take a tiny but symbolic step away from Finance Minister Joaquim Levy and his austerity plan when she authorized budget cuts of R$69.9 billion (US$22.12 billion) – just below the R$70-80 billion (US$22.15-25.3 billion) range that Levy had pledged a day earlier. The move came amidst other small defeats for Levy, including the scaling down of his 2015 primary surplus target...

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