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BRIEF-‍Fitch says Brazil recovery plan vagueness halting local ratings rise​
November 21, 2017 / 6:14 PM / 22 days ago

BRIEF-‍Fitch says Brazil recovery plan vagueness halting local ratings rise​

Nov 21 (Reuters) - Fitch:‍

* Fitch says Brazil recovery plan vagueness halting local ratings rise​

* Fitch says ‍gaps in Brazil’s federal government plan to manage fiscal recovery regime are stalling recovery of local, regional government ratings in short term​

* ‍Fitch says ‍believe Rio de Janeiro​’s fiscal imbalance is so substantial, due to state’s heavy pension burden, that it will only be addressed by federal support Source text for Eikon:

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