Guedes urged advanced economies to increase their contribution to the Poverty Reduction and Growth Trust (PRGT) and lend to more vulnerable countries.
The minister noted that Brazil has vaccinated 93 percent of its adult population with the first dose and 60 percent with both doses or a single dose, adding that the country’s immunization pace is ensuring “safe return to work.”
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.