Brazil's Rousseff urges cabinet to back belt-tightening

January 27, 2015 8:20 PM

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Brazil's Rousseff urges cabinet to back belt-tightening

BRASILIA (Reuters) - Brazil's President Dilma Rousseff urged her cabinet on Tuesday to embrace fiscal belt-tightening and other measures aimed at restoring business confidence and growth in her second term.

Rousseff pressed the need to clean up the government's overdrawn accounts by reining in waste and doing more with less, a change of economic policy that investors want to see but that has caused frictions within the ruling Workers' Party.

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