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Montevideo, October 27th 2021 - 17:00 UTC

Tag: IMF Brazil

  • Wednesday, October 13th 2021 - 09:05 UTC

    Guedes dismisses IMF estimates for Brazil's growth this year and 2022

    “Estimates regarding Brazil have been consistently wrong”, said Guedes keeping to his projected forecast of a 5,5% GDP growth this year

    Brazil's orthodox Economy minister Paulo Guedes anticipated that the multilateral institutions such as the IMF, once again are going to err their forecasts on the Brazilian economy growth. The comment follows on the IMF release stating that the Brazilian economy is estimated to grow 5,2% this year and 1,5% in 2022, below the government's forecasts.

  • Saturday, August 17th 2019 - 06:47 UTC

    Bolsonaro administration has privatized some US$ 20bn of assets

    He said: ”We have rolled up our sleeves trying to put Brazil on track and transform the country into an open society, on the path to prosperity.  “We want to sell assets to reduce the size of the stat

    Brazil has privatized nearly US$ 20bn of assets and investments since the election of right-wing president Jair Bolsonaro, according to a government minister. Secretary of state for privatization, divestment and markets Salim Mattar announced that the government’s sweeping program of privatization was going as planned.