World Bank sees 3% expansion of Brazilian GDP by 2021

The World Bank has improved projections for the Brazilian economy and forecasts that Brazil’s Gross Domestic Product (GDP) will grow by 3.0% in 2021, 0.8 percentage points above the forecast released in June. The economy will expand this year after contracting 4.5% in 2020, 3.5 percentage points better than the previous estimate.

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