Economy points need to cut $3.2 bn to meet the cap

Even before the approval of the Budget 2021, the Ministry of Economy indicated the need to cut R$ 17.5 billion ($3.2 bn) in spending to comply with the cap spending, the rule that limits the growth of spending to inflation. The diagnosis of the fiscal situation was disclosed in the evaluation report of revenues and expenses of the first bimestre.

Source: UOL Economia