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Brazil to work on solution to states' fiscal woes -finmin
December 28, 2016 / 4:41 PM / a year ago

Brazil to work on solution to states' fiscal woes -finmin

BRASILIA, Dec 28 (Reuters) - Brazil’s finance ministry said on Wednesday that it will continue to work on a solution to the fiscal woes of Brazilian states after President Michel Temer decided to partially veto a bill that gave them debt relief.

Temer will veto a section of the bill that removed austerity obligations for states that receive a temporary pardon of their debts with the federal government. (Reporting by Alonso Soto; Editing by Chizu Nomiyama)

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