Brazil says prolonged coronavirus outbreak would negatively affect economy

Brazil says prolonged coronavirus outbreak would negatively affect economy
  • Clock-gray 07:39
  • calendar-gray 18 February 2020

Brazilian Economic Policy Secretary Adolfo Sachsida said on Monday that a prolonged coronavirus outbreak could affect Latin America’s largest economy if commodities prices remain low for a long time, APA reports citing Reuters.

 

Sachsida added that the government did not see a reason to reduce its GDP growth projection for 2020 from 2.4%, at a time when several economists have slashed forecasts.

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