Fostering Bilateral Trade and Investment Flows Between Brazil and Florida

Brazil beneath the surface—the outlook for business and investing in 2020 by PwC

July 19, 2021 7:06 PM | Anonymous

PwC releases a guide to foreign investors. 

"In considering the outlook for investing and capital allocation in Brazil for 2020, several contradictions exist. On the one hand, the government has raised its growth forecast for 2020 to 2.2%, up from 1.8%. In 2019, Brazil received the highest amount of foreign direct investment (FDI) (measured as a percentage of GDP) since 2001, exceeding earlier projections by the central bank.

Crucially, the government passed the long-awaited social security reform, which has the potential to rein in unsustainable public spending. This also removed a major psychological hurdle for some institutional investors. Under the careful stewardship of the central bank, inflation hovers within the 4% target for 2020, and interest rates are at a historic low."

Read more here.

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