Brazil: 2023 Article IV Consultation-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Brazil
Electronic Access:
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Summary:
After a rapid recovery from the pandemic, economic activity is converging towards potential levels. Headline inflation has rapidly declined from last year’s peak, but core inflation remains elevated, and inflation expectations are above target. To address cost-of-living concerns, the new government expanded the 2023 budget envelope, while identifying measures to recover tax revenues. The authorities are also embarking on an ambitious agenda to steer a sustainable, inclusive, and green economy.
Series:
Country Report No. 2023/288
Subject:
External debt Fiscal policy Fiscal stance Inflation Inflation targeting International organization Monetary policy Prices Public debt
Frequency:
regular
English
Publication Date:
July 31, 2023
ISBN/ISSN:
9798400249020/1934-7685
Stock No:
1BRAEA2023001
Format:
Paper
Pages:
99
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