(Bloomberg) — Brazil is sketching out a plan to provide mid-sized companies with better access to the country’s capital markets, part of an effort by President Luiz Inacio Lula da Silva to bolster growth.
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The goal is to make it easier for companies to tap debt or equity markets, according to Marcos Pinto, secretary for economic reforms. The ideas, which are still being hashed out, include lowering fees associated with issuances and simplifying audit requirements, he said in an interview.
Pinto, who was appointed by Finance Minister Fernando Haddad to help advance Brazil’s capital markets and stimulate the economy, is collaborating with securities regulator CVM on the plan, which is set to undergo a public…