Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.550

+2.8%

Jan 9 9:30 AM EST

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To: jayray who wrote (9677)	11/13/1998 2:30:00 PM
From: Steve Fancy	of 22640

Malan hopes Brazil won't need all IMF-led credit Reuters, Friday, November 13, 1998 at 12:23 BRASILIA, Nov 13 (Reuters) - Brazilian Finance Minister Pedro Malan said he hoped Brazil would not need to use all the $41 billion-plus credit package sealed with the IMF, other international lending agencies and industrial nations on Friday. "We think that it won't be necessary to use the totality of the resources that have been put at Brazil's disposition," Malan told a news conference. Copyright 1998, Reuters News Service

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