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Government Estimates R$20 Billion Loss in GDP for Every Week of Isolation

RIO DE JANEIRO, BRAZIL - For each week of social isolation due to the novel coronavirus, the country's GDP (Gross Domestic Product) should record an immediate loss of R$20 (US$3,4) billion, points out a study released on Wednesday, May 13th, by the Ministry of Economy.

A technical note produced by the portfolio's Economic Policy Secretariat also states that an extension of the restrictions period leads to an increase . . .

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