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247 – Inspired by the statement of Paulo Guedes, future Minister of the Economy of the Government of Jair Bolsonaro (PSL), who stated that he thought that a merger between Banco do Brasil and Bank of America (BofA) would increase competition in the banking sector, Aditya Bhave, a leading US economist, said that Brazil would be a "good story" of economic growth in 2019. According to BofA projections, country is expected to grow 3.5% in 2019, above forecasts of other institutions, such as the International Monetary Fund (IMF), which forecasts a growth of the Brazilian economy of 2.4% next year.
"Brazil is happy Aditya Bhave said:" Growth will be supported by the management program for the market, which should boost confidence and investment, "he added. on the badumption that the government will be able to approve the tax reforms and that the independence of the central bank will be approved ", he said.
" One of the reasons for which we are optimistic is that Brazil arrives "Brazil has the opportunity to grow faster.There are reasons to be more optimistic from a cyclical point of view," Bhave said.
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