CA Direito

The Brazilian budget for 2002 The Brazilian government is ex 16259

The Brazilian budget for 2002   

        The Brazilian government is expected to "make a significant

cut" in the 2002 budget because revenues are not expected to match all

Brazilian spending needs this year.            The Brazilian

Planning Ministry, which is due to release a detailed spending program

later today, could announce spending cuts of up to R$10 billion ( $1 =

R$2,39).             The Brazilian budget shortfall is actually

R$ 14,6 billion, and stems mainly from a rise in personal income tax

brackets, funding requests by congressmen, and the minimum wage hike,

among other factors.According to the text, one of the factors affecting the budget is

Questão no QuestionsOf: The Brazilian budget for 2002 The Brazilian government is ex 16259

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