Placing RIO on the Road to Recovery

Finance Minister Henrique Meirelles announced that the federal government of Brazil will work with the RIO de Janeiro to develop a plan for recovery.  Details of the plan will continue to be outlined and are expected to be released next week.  While new loans won’t be included in the agreement, the assistance is expected to help RIO increase revenues and lower expenditures.  Read on for more details.

Brazil Announces Recovery Agreement for Rio de Janeiro

Minister Meirelles and Governor Pezão met with the President of the Republic, Michel Temer, Rio de Janeiro, Brazil, Brazil News