Brazil’s Economy Minister laughs at IMF mispredictions and tells it to take its forecasts elsewhere

"I would like to say, very delicately, that we are even dispensing with the IMF mission," said Paulo Guedes, an orthodox Chicago School liberal, amid laughter and applause from the audience present at an event.

RIO DE JANEIRO, BRAZIL - With a healthy self-confidence that must be the secret envy of most of his Latin American counterparts, Brazilian Economy Minister Paulo Guedes on Wednesday laughed off the International Monetary Fund (IMF) for its inaccurate forecasts of the country's growth and urged it to make its predictions "elsewhere."

"I would like to say, very delicately, that we are even dispensing with the IMF mission," said Guedes, an orthodox Chicago School liberal, at a meeting with businessmen in São Paulo attended by President Jair Bolsonaro, accompanied by other ministers.

Guedes considered that the IMF's . . .

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