The week in review
GDP. On Thursday, the government released the Q1 2019 GDP figures, showing a 0.2% retraction. The Brazilian economy has reached a point where the pension reform alone will no longer be enough to push through a recovery. Brazil needs an agenda that creates investments—especially in infrastructure. But for that to happen, the government would need to invest time and effort into building a clear set of rules to offer companies regulatory stability and legal certainty—which experts complain is not happening.