Brazil Backs Spending Control Measure in Fiscal Nod From Lula

Brazil’s Congress approved measures to curb spending growth in a move that aims to signal greater budget discipline backed by President Luiz Inacio Lula da Silva ahead of his reelection bid later this year.

Brazil’s Congress approved measures to curb spending growth in a move that aims to signal greater budget discipline backed by President Luiz Inacio Lula da Silva ahead of his reelection bid later this year.