Instituto Fernand Braudel de Economia Mundial - Associado à FAAP

Fiscal Responsibility Act: Analysis and Alternatives

The Fiscal Responsibility Act describes exactly the goals that must be reached

Author: Marcos Mendes | March 1999

The Ministry of Planning has developed and released, for public comments, a Draft Law of Fiscal Responsibility. The objective of the proposed legislation is "to produce a drastic and rapid reduction of public deficit and establish a definite balance of the country’s public accounts," according to the disclosure document accompanying the text of the Draft.


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