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Earlier today, Finance Minister Nelson Barbosa announced that 2016’s budget will be slashed by at least US$ 5.9 billion in an rather ambitious fiscal plan. The Mines and Energy, Health and Education Ministries are one taking the lion’s share of the cut. The Mines and Energy Ministry saw its budget reduced by US$ 785 million, while the […]
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a blog by Frontier Strategy Group
A blog on macroeconomics and public policy by Tony Yates.