Brazil will be able to tighten its budget, Bradesco CEO says

April 6, 2015 5:16 PM

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SAO PAULO, April 6 (Reuters) - The top executive of private-sector lender Banco Bradesco SA on Monday said the Brazilian government has the ability to tighten its budget, reversing years of economic policies that he said imposed a burden on public finances.

Congress must approve a package of measures to curb spending and reduce national debt to "give the country relief," said Luiz Carlos Trabuco, Bradesco's chief executive officer, at a bank event in São Paulo.

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