World Bank raises expectations for Brazil’s economic growth

RIO DE JANEIRO, BRAZIL – “The Brazilian economy has improved significantly and growth is expected to reach 5.3% this year,” said William Maloney, World Bank chief economist for Latin America and the Caribbean, recalling that in 2020, economic activity in Brazil decreased by 4.1%.

“It is important to stress that the region in general, and including Brazil, did not perform well before the crisis”, added the chief economist while stressing that political uncertainties can affect investments and, therefore, the economic growth of any nation.

Despite the improvement over recent months, the outlook for growth. . .

To read the full NEWS and more, subscribe to our Premium Membership. Already registered? Log in here

Previous articleCovid-19: Brazilian Airlines Gol, Latam and Itapemirim adopt compulsory vaccination for employees

The Rio Times Staff is a network of independent journalists and bloggers from across Latin America who keep us up to date with news in their region. This information is collected, verified and processed in our editorial staff.

Source link

Comments are closed.