Live Breaking News & Updates on E Hope To Close Out This Year Witha Gdp Growth Above Three Percent

Despite the slowdown from previous quarters, the 0.1 percent growth in Brazil's gross domestic product (GDP) in the third quarter exceeded expectations, the ministers of Finance, Fernando Haddad, and Planning, Simone Tebet, said Tuesday (Dec. 5). The planning minister was more optimistic than her finance counterpart. On his last leg of his trip to Germany, Minister Haddad said the GDP could close 2023 with slightly higher growth than the three percent projection published at the end of November by the Ministry of Finance. However, he said the result depends on the Central Bank maintaining its policy of cutting interest rates. Noticias relacionadas: Amazon toreceive $250mi forbioeconomyprojects. Brazilian economy grows 0.9% insecond quarter of2023. "We had a positive but weak GDP, but, with the cuts in interest rates, we hope to close out this year with a GDP growth above three percent, and we're hoping for growth in the 2.5% range next year. But the Central Bank needs to d ....

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