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Weekly Report - 27 July 2017 (WR-17-29)

BRAZIL: Austerity over popularity

Brazil is still struggling with a fiscal hangover following a prolonged recession. To redress this, the government has drawn up some tough new austerity measures including tax increases and public spending cuts. President Michel Temer hopes the “population will understand”. However, it may not be too understanding: Temer’s disapproval rating hit 94% in an opinion poll published by Ipsos Brazil on 25 July.

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