Brazil: To investors, Minister Guedes questions accusations of “fiscal populism”

Brazilian Economy Minister Paulo Guedes says Brazil is beginning a "long growth cycle." He highlighted signs of reduced inflation and rising employment data to support the optimistic view and said the country is in fiscal balance.

On Wednesday, August 3, Brazil's Economy Minister Paulo Guedes said the Brazilian economy is beginning a "long economic growth cycle" and walks against most developed nations in the world, which started a process of high inflation and low growth.

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