Brazil: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brazil

Brazil: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brazil
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Volume/Issue: Volume 2024 Issue 209
Publication date: July 2024
ISBN: 9798400282898
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , public sector Government Finance Statistics , fund's MCP policy , inflation expectation , foreign exchange regime , executive branch , inflation-targeting monetary policy framework , Fiscal stance , Credit , Global

Also of interest
Grenada
Nepal
Peru
Republic of Congo : 2001 Article IV
Summary

Brazil’s economy has shown remarkable resilience amid the ongoing disinflation. Economic activity has grown steadily, surpassing expectations, reflecting favorable demand and supply factors. With proactive and adequately restrictive monetary policy, headline inflation has declined to the target tolerance interval. Longstanding challenges remain, including elevated public debt and slow convergence to higher living standards. The authorities have advanced their ambitious sustainable and inclusive growth agenda, including the approval of a landmark VAT reform.

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