SAO PAULO (Reuters) - Brazil's economy is on track to recover from a long recession but structural reforms need to be approved, Finance Minister Henrique Meirelles said on Friday.


Meirelles, on the sidelines of a conference in Sao Paulo, added that legislators can only increase spending in some areas of the 2017 budget if they also propose cuts in others.


(Reporting by Luiz Gerbelli; Writing by Silvio Cascione; Editing by Chris Reese)