Business

Falling public investments threaten Brazil’s economic recovery

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

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