Brazil slashes its 2018 GDP growth forecast to 1.6% | AmericaEconomy



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Brasilia.- The Brazilian government lowered its projections for gross domestic product (GDP) growth in 2018 to 1.6% from 2.5% on Friday and also reduced its estimates for budget estimates [19659002] In addition, he increased his calculations for net income to R $ 3.194 billion ($ 845.6 million), while for primary expenditures he made an upward adjustment of R $ 7.546 billion (1982). , $ 9 million)

Reuters reported on July 12 that the government planned to lower its projections for 2018 GDP.

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