RIO DE JANEIRO, BRAZIL - A day after being criticized by Economy Minister Paulo Guedes for their wrong predictions, the IMF confirmed in a statement Thursday morning that it will close its office in Brazil. The Brasilia unit acts as a kind of "embassy" for the institution.
"The IMF has reached an agreement with the Brazilian authorities to close the IMF Representative Office in Brasilia by June 30, 2022," the Fund said in a statement, noting . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here