The election of Brazil’s new president ends a long period of political uncertainty, but the window for much-needed reform is very narrow.
The election of Brazil’s new president ends a long period of political uncertainty. The new administration is expected to continue much-needed economic reforms.
Policymaking will be challenged by a highly fragmented, polarised, and relatively inexperienced congress.
The window of opportunity for reform, especially of fragile public finances, is very narrow. Failure to deliver would result in a loss of confidence, renewed real depreciation, inflation, worsening financing conditions and slower economic growth.
View the full report here: Narrow window of opportunity for Brazil