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Brazil to focus on reducing debt burden, boost productivity

Reuters

BRASILIA (Reuters) - Brazilian Finance Minister Henrique Meirelles on Monday said that the government will focus on reducing its surging public debt burden and later push ahead with reforms to increase productivity.

Speaking to business leaders at the presidential palace in Brasilia, Meirelles said the country needs to rebalance its public accounts to exit its worst recession in decades.

(Reporting by Alonso Soto; Editing by Chizu Nomiyama)

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