trending Market Intelligence /marketintelligence/en/news-insights/trending/HpZJdpb9y6sBDXKM_4T2KQ2 content esgSubNav
In This List

Brazil finance ministry ups growth forecast


Banking Essentials Newsletter: 7th February Edition


Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Brazil finance ministry ups growth forecast

Brazil's finance ministry revised its GDP growth forecast for 2017 to 1.1% from 0.5% as it expects new reforms to boost productivity.

Meanwhile, the growth projection for 2018 was raised to 3% from the previous 2%, according to the ministry's monthly macroeconomic report.

Finance Minister Henrique Meirelles said the projection is supported by rising confidence as a result of various developments, including the approval of the spending ceiling, fiscal control, and the passing of reforms, Folha de S.Paulo reported. Investment and consumption are also rising, the minister said.