Beschreibung
Fiscal policy will determine not only the debt trajectory but also Brazil’s
– Different administration, old prob: new fiscal anchor has been established, restoring government revenue levels and ensuring debt stability will be crucial to managing future economic expectations
– Lower growth put off until 2024: positive development in the coming year wit ha still-hot job market
– Greater fiscal incentives combined with brisk economic growth result in a scenario where inflation persists longer
Referenten
– Laiz Carvalho, BNP Paribas Brazil
