IMF WANT BRAZIL
IMF - The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Brazil.
Brazil's deep recession appears close to an end. The recession, triggered by large macroeconomic imbalances and a loss of confidence, was exacerbated by declining terms of trade, tight financing conditions, and a political crisis. Buoyed by congressional and market support, the new government has pursued an ambitious reform agenda. A constitutional amendment that caps growth in federal…
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