Brazil's Economy Sees 3.6% Growth in 2024, Meets Fiscal Targets
2025-01-07
Reuters
According to Brazil's Finance Minister Fernando Haddad, the country's economic growth is expected to have reached 3.6% in 2024, exceeding expectations. The primary deficit for the year is anticipated to be around 0.1% of the country's gross domestic product (GDP), indicating a stable fiscal outlook. This growth is a positive sign for Brazil's economy, driven by increased investment and consumer spending. With a strong economic performance, Brazil is on track to meet its fiscal targets, boosting confidence in the country's financial stability and potential for long-term growth, including economic development and fiscal policy.
