Brazil's incoming finance minister Joaquim Levy vowed to cut spending and clean up the country's finances on Thursday, aiming to rebuild trust with investors after years of weak growth and erratic economic policies, Reuters reported. In his first public comments after President Dilma Rousseff announced his appointment, Levy laid out more realistic fiscal targets and promised more balanced economic growth in Rousseff's second term following her re-election victory last month. "We are not in a moment of crisis, so it is important to lay the basis for the next few years," Levy told reporters, transmitting confidence and fluency with a federal budget he shaped at the Treasury a decade a decade ago. -- SPA 23:49 LOCAL TIME 20:49 GMT تغريد
