Brazil

Technical Assistance Report-Strengthening the Framework for Subnational Borrowing

Brazil
Brazil’s states have been facing severe fiscal pressures over the last years. As the economy went through a deep economic recession in 2014-16, Brazilian subnational governments had to adjust to much weaker revenue growth, while dealing with the consequences of past large increases in spending—especially on wages and pensions. Several states are... READ MORE...

Publication date: September 2019
ISBN 9781513514710
$18.00

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