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Jair Bolsonaro's government will already start in a situation much better than that of Brazil three years ago, confirmed the badessment of the Treasury Secretary, Mansueto Almeida, in the future economic team. Ministry of Finance, he recalled that 'in early 2016, Selic's rate was greater than 14% per annum, that accumulated inflation over 12 months was greater than 9% and that the economy was down 3.5%.
Brazil since the beginning of 2019 is a country where inflation is less than 4%, with an interest rate of 6.5% and expected inflation around 4% for the next three years. We have an economy that is returning to a cyclical recovery.
"If we can do the reforms at the beginning of the government, we can consolidate the very positive scenario of a country that will experience a new growth of 3% or more a year, with interest rates and low inflation, it is an improvement in life and well-being for all. "
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