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World Service,1 min

Why has Brazil raised taxes?

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The Brazilian government has announced a $7bn (£4.5bn) package of spending cuts aimed at plugging a huge black hole in the country's 2016 budget. ÃÛÑ¿´«Ã½'s Andrew Walker says not everyone will be happy. Photo: Brazilian Minister of Finance Joaquim Levy annoucnces the news. AFP PHOTO/EVARISTO SAEVARISTO SA/AFP/Getty Images

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