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HomeInvestmentIMF backs Brazil's fiscal efforts, 'ambitious' green agenda By Reuters

IMF backs Brazil’s fiscal efforts, ‘ambitious’ green agenda By Reuters

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas

(Reuters) – The International Monetary Fund on Tuesday said it “strongly supports” Brazil’s efforts to improve the country’s fiscal position, while also commending the country’s “ambitious agenda” to have a sustainable, inclusive, and green economy.

“Enhancing Brazil’s fiscal framework, broadening the tax base, and tackling spending rigidities would support sustainability and credibility,” the leader of an annual mission to the country, Ana Corbacho, said in a statement after the Fund’s visit.

This story originally appeared on Investing

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