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Tag: brazil budget deficit

RIO DE JANEIRO, BRAZIL - Brazil is not expected to register a primary surplus over the next decade and may see its gross debt exceed 100% of GDP until 2030 - much higher than other emerging countries. The assessment...
RIO DE JANEIRO, BRAZIL - Shelly Shetty, Fitch's co-director of sovereign ratings for the Americas, said maintaining fiscal credibility and progressing with structural reforms is critical to changing the adverse outlook given Brazil's "BB-" rating in May last year. "Our...
RIO DE JANEIRO, BRAZIL - (Reuters) Brazil’s government entered 2021 determined to slash last year’s record budget deficit, but a devastating second wave of COVID-19 and fragile economic growth are piling the political pressure on President Bolsonaro to keep...

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