Paulo
Minister regarding Money, Guido Mantega, as he announced the fresh new slices on the 2011 funds, proclaimed your incisions cannot connect with 170.8 billion reais inside discretionary spending. From you to definitely total, mil reais is actually for the latest Expidited Increases System (PAC), which will indeed go up other step three.35 billion reais, on account of congressional earmarks with been recognized.
Mantega explained that the cuts were not aimed at bringing the economy to its knees, but rather a?
