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RIO DE JANEIRO, BRAZIL - The novel coronavirus pandemic has inflicted serious damage on the world's most consolidated economies, and the impacts on emerging countries such as Brazil have also been tremendous.

However, the emergency measures implemented by the Ministry of Economy and the Central Bank, with income transfer measures, credit incentives for companies and increased liquidity in the financial system, have led Brazil to a better situation than other emerging countries.

In a presentation to Bank of America investors last Wednesday, the president of the Central Bank, Roberto Campos Neto, again stated that the scenario for Brazil remains challenging . . .

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