FISCAL RULES
Spending watchdog tells government to take fiscal goals seriously
Finance Minister Fernando Haddad is set to deliver a deficit that just scrapes into the government’s target range. Photo: Diogo Zacarias/MF
In a ruling delivered this week, the Federal Accounts Court (TCU) warned the Luiz Inácio Lula da Silva administration that treating the lower limit of the government’s tolerance band as the de facto target goes against fiscal responsibility rules…
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