Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 04, 2017

Brazil’s New Mayors Bring Out the Brooms in Push for Austerity

Brazil’s New Mayors Bring Out the Brooms in Push for Austerity

None

(Bloomberg) -- Brazil's mayors on their first day at work tried their best to put a positive spin on what was essentially a dismal message -- the need for further belt tightening amid the country's worst recession on record.

In Sao Paulo, Joao Doria dressed as one of the city's street sweepers early on Monday morning in his first public act as the new mayor, following a pledge to maximize resources. In Rio de Janeiro, Marcelo Crivella donated blood at a public hospital and promised to chase up private health-care providers for not paying taxes.

In his swearing-in ceremony on Sunday, Rio's new mayor was blunt about the need to cut
costs. "The order is the following: spending is prohibited," he said. "The country is in crisis. Rio de Janeiro is in crisis."

Thousands of mayors and city councilors were sworn into office across Brazil on New Year's Day, following elections in October. Many of the new leaders of the country's major cities used their inauguration ceremonies to warn residents of the need to tighten belts in the year ahead. In Porto Alegre the new government gave notice of possible delays to public servants' salaries, while the leader of Curitiba vowed to cut back the number of city hall jobs by 40 percent.

Brazil's cash-strapped municipalities received a minor respite last week, when the treasury confirmed it would transfer 4.5 billion reais ($1.4 billion) to cities' coffers. The money comes from an amnesty program for undeclared assets held overseas.

To contact the reporter on this story: Bruce Douglas in Brasilia Newsroom at bdouglas24@bloomberg.net. To contact the editors responsible for this story: Vivianne Rodrigues at vrodrigues3@bloomberg.net, Raymond Colitt

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source