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Brazil to revise down its GDP forecast to around 1.5% for 2022

RIO DE JANEIRO, BRAZIL - Despite the downgrade, Brazil's projected economic growth for this year is still more optimistic than the 0.49% increase seen by markets.

Brazil's Economy Ministry will revise its official forecast for economic growth this year to about 1.5% from 2.1%; two government sources told Reuters on Wednesday, March 16.

The sources, who spoke on anonymity, said the revised figure should be released . . .

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