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Brazil Plans Measures to Boost Investor Confidence, Globo Says

Feb. 23 (Bloomberg) -- Brazilian officials are preparing measures aimed at increasing investor confidence, newspaper O Globo reported, without saying where it obtained the information.

Tax reform and a new regulatory framework at the country’s ports are among the ideas being considered, the newspaper said.

The government will use new tax cuts and credit expansion and seek to spur investments to assure the economy grows at least 3 percent this year, O Globo reported.

To contact the reporter on this story: Matthew Malinowski in Brasilia at mmalinowski@bloomberg.net

To contact the editor responsible for this story: Sylvia Wier at swier@bloomberg.net

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