Falling public investments threaten Brazil’s economic recovery

Apr 23, 2018 11:07 4 min read (Updated: Jul 19, 2019 10:22)

Falling public investments threaten Brazil’s economic recovery — Brazil’s economic recovery will depend on public investments

When Brazil officially left its longest-ever recession last June, President Michel Temer gleefully tweeted, “The recession’s done!” His then-Minister for Finance Henrique Meirelles joined in on the celebratory antics, calling it a “historic day”. Yet financial markets remained skeptical, with the government’s international credit ratings wobbling dubiously between stable and junk...

Falling public investments threaten Brazil’s economic recovery

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