Brazil May Reduce Primary Budget Surplus Goal, O Estado Says

Brazil’s government may reduce the goal for its primary budget surplus to boost economic growth, O Estado de S. Paulo reported, without saying how it got the information or providing additional details.

Separately, President Dilma Rousseff will announce next week a cut in electricity costs of at least 10 percent, the Sao Paulo-based newspaper said. She also wants to create subsidies for regional airports, according to Estado.

To contact the reporter on this story: Alexander Cuadros in Sao Paulo at acuadros@bloomberg.net

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

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