The Ministry of Economy: a meeting with the International Monetary Fund discusses the global and sustainable economy

The Ministry of Economy: a meeting with the International Monetary Fund discusses the global and sustainable economy

According to information received from the Ministry of Economy (ME), representatives of Brazil, authorities and international agents met last Wednesday (10/12), on the second day of the annual meetings of the International Monetary Fund (International Monetary Fund) and Boards of Governors of the World Bank Group (International Monetary Fund Annual Meetings of the World Bank), in Washington (USA).

The Ministry of Economy: a meeting with the International Monetary Fund discusses the global and sustainable economy

According to the Ministry of Economy (ME), future prospects, financial sustainability, regulatory frameworks and reviews made to stimulate investment in natural gas, oil and telecommunications, 5G networkAirport concessions and privatization were the main topics discussed.

The agenda in the US capital last Wednesday included three official appointments of the Ministry of Economy (ME): a conference on the topic “Prospects of the Brazilian economy: sustainable growth and investment” (Brazilian economic outlook: sustainable growth and investment); The Department of Brazil at a ministerial dinner for the International Monetary Fund and the Group of Twenty.

sustainable economy

According to the Ministry of Economy (ME), in the debate on “Brazil’s Economic Prospects: Growth and Sustainable Investment”, promoted by JP Morgan, the Minister of Economy spoke about the good moment for the Brazilian economy, and the growth of the local economy. Gross product (GDP) and deflation are higher than countries like the UK and Germany. The Ministry of Economy confirmed that the lecture was accompanied by representatives of many North American banks and financial institutions.

Brazilian data highlights

According to information from the Ministry of Economy (ME), North American businessmen were surprised by the Brazilian economic data presented during the meeting, with the resulting improvement in the outlook for GDP growth.

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In addition, the Minister also presented a balance in the results of the Brazilian economic program and confirmed his commitment to the agenda of reform and modernization of the economy.

Expectations

According to the Ministry of Economy (ME), Brazil may once again surprise and exceed the current IMF forecast not only for GDP growth (revised to 2.8% in 2022 this week, compared to the previous estimate of 1.7%), but also in financial terms. for display.

The representative of the Ministry of Economy (ME) also participated in the meeting of the International Monetary Fund (Directory) constituency, which is held on the eve of each meeting of the IMF Committee.

During this meeting, the governor and the director of the constituency presented a summary of the main activities of the ministers and central banks of the countries that make up the group led by Brazil.

In addition to assessing the current international economic and financial situation, the Board summarizes the main lines of its actions in the Fund implemented since the previous semester, and highlights the Ministry of Economy (ME). Moreover, topics such as International Economy The global financial architecture was also discussed.

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