Chipping Away at a $33 Billion Brazil Deficit One Pen at a Time

Photographer: Jessica Nolte/Bloomberg
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Things are so bad in Brasilia that even pens are on the chopping block.

For every real (27 cents) that the Brazilian government spends on stationery, it allocates twice as much on the logistics of their purchase, according to Folha de Sao Paulo. That has the Planning Ministry moving to overhaul its system to centralize the purchase of pencils and the like.