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IMF backs Brazil's fiscal efforts, 'ambitious' green agenda

2023-05-17 03:25
The International Monetary Fund on Tuesday said it "strongly supports" Brazil's efforts to improve the country's fiscal position,
IMF backs Brazil's fiscal efforts, 'ambitious' green agenda

The International Monetary Fund on Tuesday said it "strongly supports" Brazil's efforts to improve the country's fiscal position, while also commending the country's "ambitious agenda" to have a sustainable, inclusive, and green economy.

"Enhancing Brazil's fiscal framework, broadening the tax base, and tackling spending rigidities would support sustainability and credibility," the leader of an annual mission to the country, Ana Corbacho, said in a statement after the Fund's visit.

(Reporting by Rodrigo Campos, Brendan O'Boyle and Carolina Pulice; Editing by Anthony Esposito)