Market News
Brazil's 2024 growth seen at 3.6%, says finance minister - REUTERS
BRASILIA, Jan 7 (Reuters) - Brazil's Finance Minister Fernando Haddad said on Tuesday that the country's economic growth likely hit 3.6% in 2024, while the primary deficit for the year is expected to have reached 0.1% of gross domestic product (GDP).
This means the government of leftist President Luiz Inacio Lula da Silva probably met its goal of eliminating the primary deficit, excluding interest payments, as the target allows for a tolerance margin of 0.25% of GDP, or a deficit of up to 28.8 billion reais.
