Brazil will grow little this year, and in 2024, OECD projects

Rate this post

By Assis Moreira

The Organization for Economic Cooperation and Development (OECD) published today its interim global economy report.

The assessment is that the prospects have improved slightly but remain fragile.

Regarding Brazil, it foresees modest growth this year and next year.

In 2022, global economic growth was 3.2%, about 1.3 percentage points weaker than expected, because of the war in Ukraine, the cost-of-living crisis, rising interest rates, and the continuing turmoil in China.

For this year, the OECD’s central scenario is now for a slight recovery compared to that projected in November, with growth at . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Source link

Leave a Comment