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Brazil will grow less in the first year of the new Lula da Silva government, says OECD

Brazil's economic growth will drop from 2.8% in 2022 to 1.2% next year, according to the OECD (Organization for Economic Cooperation and Development) projection released on Tuesday (Nov. 22).

In September, the entity predicted economic growth of 2.5% for this year and 0.8% for 2023.

Despite the small improvement, the organization states that the sector's development will be lower in the first year of the new government of Luiz Inácio Lula da Silva (PT, left).

According to the OECD report, the deteriorated global scenario, the more restrictive fiscal policy, and the effect of . . .

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