Economy

Brazil Talk in 90 Seconds: Economic Outlook


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Brazil Talk in 90 Seconds is a series of videos, one every week, with news analysis from Brazil. This week we talk about the pessimistic economic outlook after Carnaval celebrations. GDP is expected to shrink between 3% and 4% in 2016 and inflation is projected to continue rising until the end of the year. In the meantime, Rousseff’s administration decided to postpone the announcement of spending cuts until March, raising speculations that the government is ready to reduce costs as required.