Brazil Used Just 10% of Government Purchases Fund, Folha Says

Brazil President Dilma Rousseff’s administration used only 10 percent of the 6.8 billion reais ($3.4 billion) set aside for what was considered emergency acquisitions in the three months since the announcement of a government purchases plan to stimulate industries such as capital goods, Folha de S.Paulo newspaper reported.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at

To contact the editor responsible for this story: Helder Marinho at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.