Brazil cut its 2017 economic growth forecast Wednesday from one to 0.5 percent, indicating a drop of confidence in a quick exit from the country's worst recession in history.
The government had already scaled back its forecast last November from 1.6 percent. However, the finance ministry still remains bullish that Brazil will reenter positive territory, predicting 2.5 percent growth in 2018.
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Turkish soldier killed in Syria operationMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©