Today, Brazil’s GDP forecasts improve but are reliant on an improved vaccine rollout. The Bolsonaro government goes hat in hand to China. Diesel prices exceed rates at beginning of the 2018 truckers’ strike.
GDP growth projections improve — but investors remain wary
The Organization for Economic Co-operation and Development (OECD) improved its GDP growth forecasts for Brazil this year, from 2.6 percent in December to 3.7 percent now. Those projections, however, are linked to the recreation of the coronavirus emergency salary program and the acceleration of vaccine rollouts.
- Brazil’s GDP growth for 2021 is expected only to be better than...
