RIO DE JANEIRO, BRAZIL - The president of the Central Bank (BC), Roberto Campos Neto, said Tuesday that Brazil did "reasonably well" in the biennium 2020-2021. In an event organized by the Brazilian Federation of Banks (Febraban), Campos Neto pointed out that most emerging peers are already close to the pre-pandemic level.
"When we add the years 2020-2021, Brazil did reasonably well, with a 4.1% drop, a much smaller drop than the average, a recovery, I would say, close to the average in 2021. And when we look at 2022, when we start to see the structural . . .
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