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Brazil fiscal performance strong - Treasury Secy

Fri Mar 7, 2008 9:44pm IST
 
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NEW YORK, March 7 (Reuters) - Brazil's strong fiscal performance has been supporting the country's economic fundamentals even as international markets deteriorate, Treasury Secretary Arno Augustin said on Friday.

"There is a strong declining tendency in debt to GDP ratios, which has been confirmed even during the current period of international turbulence," Augustin said during a phone conference with investors. (Reporting by Walter Brandimarte and Isabel Versiani; Editing by James Dalgleish)

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