Brazil: Minister of Economy Planning replaces

Brazil: Minister of Economy Planning replaces -

Economist Nelson Barbosa , current Minister of Planning, will replace Joaquim Levy front the Ministry of Finance, and the announcement will be made public later in the Planalto Palace, seat of government, where President prepares the statement to the press, according to the state agency State.

rumors output Levy, a supporter of a hard adjustment minister of the government of Dilma Rousseff grew in recent days after disagreement official and his economic team on the fiscal target for 2016.

to what . throughout 2015, Barbosa and Levy had serious differences, due to the defense by the Minister of Planning a milder fiscal adjustment that would allow economic recovery

Source: Telam

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