Telebras (TBH) & Brazil Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.590

-7.9%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Fancy who wrote (9217)	10/28/1998 11:15:00 AM
From: Steve Fancy	Read Replies (5) of 22640

Brazil's Congress to resume pension voting - Malan Reuters, Wednesday, October 28, 1998 at 10:11 BRASILIA, Oct 28 (Reuters) - Brazil's Finance Minister Pedro Malan said on Wednesday that he expects Congress to vote on outstanding social security reforms beginning next week. During a presentation of the government's three-year fiscal plan, Malan said the government also plans to send a tax reform bill to Congress in coming weeks. Malan presented to the media the government's fiscal adjustment plan, aimed at saving and raising 28 billion reais next year. In 1999, Brazil plans to raise 13.2 billion reais from an increase in taxes and save some 15 billion reais from spending cuts, he said. The ministry's Pedro Parente is slated to respond to questions about the measures at 1:30 p.m. (1530 gmt). Malan said the government will prepare a fiscal responsibility law by Dec. 4 in a bid to institutionalize spending controls. The government also plans to send legislation to Congress soon enabling the administrative reforms approved earlier this year to be carried out, Malan said. Copyright 1998, Reuters News Service

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next