Brazil’s GDP growth could be only 1% due to Convid-19

On the same day that the economic team revised the projection for GDP growth for 2020 from 2.4% to 2.1%, Economy Minister Paulo Guedes said the result could be even worse because of the coronavirus pandemic. In the worst scenario, GDP will be 1% if the pandemic takes over Brazil. It would be the fourth straight year of low growth after the recession.

Source: Folha