Article: WORLD BANK: World Bank welcomes Brazil's revised economic program.

M2 PRESSWIRE-9 March 1999-WORLD BANK: World Bank welcomes Brazil's revised economic program (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:080399

WASHINGTON -- The World Bank today welcomed the announcement that a revised economic program has been agreed between the Government of Brazil and the management of the International Monetary Fund, in the context of the first review of Brazil's macroeconomic and structural reform program.

The Bank strongly endorses the government's commitment to keeping inflationary expectations low, protecting expenditure on those social programs which are of greatest importance for the poor and the vulnerable, and ...

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