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Brazil’s Central Bank says incentives should sustain economic recovery

RIO DE JANEIRO, BRAZIL - The statement was made in the first quarter Regional Bulletin, released this Thursday. Monetary stimulus, the return of government measures, and the reduction of pandemic impacts are among these incentives.

The Central Bank (BC) said that in the short term a range of incentives "should sustain the recovery" of economic activity "at national level." The statement was made in the first quarter Regional Bulletin, released on Thursday.

Among these incentives are: monetary, "despite the partial SELIC normalization process;" resumption of government measures; reduction in the impacts of the pandemic, "also as a result of the ongoing . . .

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