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Weekly Report - 04 August 2016 (WR-16-30)

BRAZIL: Temer in hot water over state debt-relief bill

Interim President Michel Temer got into trouble this week with his own finance minister, Henrique Meirelles, with rumours of ‘words’ between the president’s office and the finance ministry after Temer agreed to some last-minute concessions to a new debt-relief bill for the country’s 27 states. The concessions were demanded by state governments and federal legislators ahead of a congressional vote on the bill, due imminently.

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