IMF predicts Brazilian GDP will grow only 0.3% in 2014

For the sixth time in a row, the International Monetary Fund cuts down its forecast for 2014 economic growth in Brazil. In July IMF projected an expansion of 1.3%, now it expects only  0.3%.

This figure, if  confirmed, will be the second worst GDP result since 1998. The poor performance for this year will only be better than the 0.3% drop recorded in 2009.

Amidst presidential elections, the economy is one of the top issues to be discussed.

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About Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists. She is a member of the Brazilian Investment Analysts Association (APIMEC-Rio) where she served as Corporate Relations Director and later, on the board. Hildete advises companies doing business in Brazil.
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One Response to IMF predicts Brazilian GDP will grow only 0.3% in 2014

  1. Janar Wasito says:

    How will election impact Brazil GDP?

    Like

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