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Brazil's government expected to expand spending block on ministries, says finance minister

Brazil's government is expected to announce on Friday an increase of spending blocks across ministries to stay within this year's spending cap, Finance Minister Dario Durigan said on Thursday. The block currently stands at 1.6 billion reais ($320 million). The government has scheduled the presentation of its bimonthly revenue and expenditure report for 3 p.m. local time (1800 GMT) on Friday. [...]