The World Bank is taking part in an initiative to support the Brazilian government in the execution of the first Yearly Plan of Purchases of Brazil.
A recently approved $250 million loan from Washington-based World Bank will aim to promote fiscal and environmental sustainability in the Brazilian state of Mato Grosso.
The number of people living in extreme poverty in Brazil rose from 6.6 percent of the population in 2016 to 7,4 percent in 2017—13.5 million to 15.2 million.
The World Bank halved its prediction for the growth of the Brazilian economy this year. In its semiannual, regional report entitled On Uncertainties and Black Swans: How to Manage Risks in Latin America and the Caribbean, released Friday (Oct.
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