Brazil is only to have a primary surplus—a positive balance between government revenues and expenditure; interest not included—in 2022. The estimate was released Wednesday (Apr. 18) in the International Monetary Fund’s (IMF) Fiscal Monitor.
The International Monetary Fund (IMF) raised the growth estimated for Brazil to 2.3% in 2018, and to 2.5% in 2019. The forecasts are part of the World Economic Outlook, published today (Apr. 17), and represent 0.4 percentage points above those published in January.
The International Monetary Fund (IMF) raised Brazil's growth projections for 2018 and 2019. The country's Gross Domestic Product (GDP) is expected to grow 1.9% this year, 0.4 percentage point above what was estimated in October.