Macroeconomy/Finance

Brazil rose to the fourth global investment destination in 2019

Brazil climbed from sixth to fourth among the main foreign investment destinations in the world in 2019, thanks to its program of privatisation of federal companies, according to a report from the United Nations Conference on Trade and Development (Unctad). Brazil received $ 75 billion in foreign investments last year, against $ 60 billion in 2018 (+ 26%) and the trend will continue in 2020 with the privatisation of large companies such as Eletrobras and Telebras, the report says.

Source: Istoé