Brazil eyes stimulus package to mark 200 days of Bolsonaro's government

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Brazil eyes stimulus package to mark 200 days of Bolsonaro's government
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Brazilian President Jair Bolsonaro said on Wednesday his government will announc...

BRASILIA - Brazilian President Jair Bolsonaro said on Wednesday his government will announce an economic stimulus package this week to revive flagging growth, confirming earlier media reports, in an effort to mark the first 200 days of his administration.

“It is an injection, a small capital injection into the economy, right? And it is welcomed because the economy, according to experts, is starting to show positive signs, especially the ones coming from lawmakers,” Bolsonaro said during a summit of Mercosur nations in Santa Fe, Argentina. The Economy Ministry did not comment on the minister’s remarks to Valor Economico, saying there are no announcements so far scheduled.

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