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LatinNews Daily - 20 January 2020
In brief: Bolsonaro sanctions Brazil’s 2020 budget
* Brazil’s secretary-general to the presidency, Jorge de Oliveira Francisco, has announced that President Jair Bolsonaro has sanctioned the 2020 national budget which was approved by congress last December. According to De Oliveira Francisco, Bolsonaro has approved the budget in its entirety without vetoing any aspect (although last week he did increase the minimum wage in line with new inflation figures). Brazil’s national budget is set at R$3.69trn (US$885bn) for 2020, with a primary fiscal deficit target of R$124.1bn.
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