Executive Board
Board Discussions
on Brazil:

July 5, 2017
October 31, 2016
March 16, 2015
July 26, 2013
July 9, 2012

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2017  2018
Real GDP 0.3 1.3
Source: World Economic Outlook Update (July 2017)

Brazil: Financial Position in the Fund

Transactions with the Fund

Central Bank
Banco Central do Brasil

Finance Ministry
Ministério da Fazenda

Ministério do Planejamento, Orçamento e Gestão

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Brazil and the IMF
Updated July 28, 2017

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IMF Survey Online
May 19, 2017 -- Latin America and the Caribbean: Bouncing Back from Recession
November 15, 2016 -- Fiscal Discipline Critical to Restoring Growth in Brazil
June 01, 2016 -- IMF Survey : Paraguay Resilient Amid Regional Slowdown
Paraguay’s economy is expected to remain resilient this year and next, but it will be tested as commodity prices stay weak and Brazil’s economy remains in recession, the IMF said in its latest annual assessment of the economy.
April 27, 2016 -- IMF Survey : Latin America’s Economic Slowdown Continues
As the global recovery continues to struggle to gain its footing, growth in Latin America and the Caribbean has been marked down further and is likely to contract for the second consecutive year in 2016, the IMF said.
November 13, 2015 -- IMF Survey : Thought Leaders Tackle Global Challenges at 2015 Lima Meetings
As the global recovery continues, growth remains uneven and modest overall, with uncertainty and financial market volatility on the rise. At the October 2015 IMF-World Bank Annual Meetings in Lima, Peru, the high-level program of seminars engaged today’s foremost leaders to help pave the way for sustainable solutions.
June 05, 2015 -- IMF Survey : Tough Choices as Well as Opportunities for Latin America
Despite the challenges posed by the ongoing economic slowdown in Latin America, the current difficulties may also open up new opportunities for tackling deep-seated problems, participants said at a conference on Latin America.
April 29, 2015 -- IMF Survey : Growth in Latin America Weakens for Fifth Year in a Row
Growth in Latin America and the Caribbean is expected to decline for a fifth consecutive year—dipping below 1 percent in 2015—although there are clear differences along North-South lines, the IMF said in its latest regional forecast.
October 10, 2014 -- IMF Survey : Growth in Latin America and the Caribbean Slows Further
Economic growth in Latin America and the Caribbean has slowed more than anticipated, as weak growth in South America has outweighed an incipient recovery in Mexico, according to the IMF’s latest forecast for the region.
July 18, 2013 -- Podcast : Third World Lessons for First World Growth
Developed countries need to be industrious like ants, says economist, Peter Blair Henry.   For years they have offered advice to developing countries on the best path to growth. They might benefit from heeding some of their own advice, he suggests.
November 19, 2012 -- IMF Survey: Tax Policy Can Help Spur Economic Growth
Taxation plays an important role in promoting economic growth: it generates the revenue needed to finance governments' economic development policies and creates a framework for development of private sector activities.
October 12, 2012 -- IMF Survey: Growth in Latin America Moderating but Resilient
Growth in Latin America and the Caribbean is projected to pick up in 2013, after slowing this year, with risks continuing to dominate the outlook, the IMF said.
September 17, 2012 -- IMF Survey: Global House Prices Still Showing Down Trend
U.S. house prices have started to pick up but globally prices are still on a down trend, according to IMF research. Price trends vary widely between countries, with Ireland, Greece, Portugal, and Spain seeing the biggest falls in the past year and Brazil and Germany, substantial increases.
July 31, 2012 -- IMF Survey: Brazil's Banks Need to Serve Economy, Navigate Global Risks
Brazil, a member of the Group of Twenty advanced and emerging economies, and the world's fifth biggest economy has a vibrant financial sector, but will need to keep an eye on risks from abroad as well as at home.
July 20, 2012 -- IMF Survey: Brazil: Higher Savings and Investment Needed to Sustain Expected Recovery
After strong growth in 2010, the Brazilian economy has slowed down, reflecting past policy tightening to contain inflation risks and, more recently, the weaker external environment.
July 20, 2012 -- IMF Survey: Brazil: Higher Savings and Investment Needed to Sustain Expected Recovery
After strong growth in 2010, the Brazilian economy has slowed down, reflecting past policy tightening to contain inflation risks and, more recently, the weaker external environment.
June 25, 2012 -- IMF Survey: IMF Sets Path for Sustainable Development
The IMF outlines a path for sustainable development at a United Nations environmental conference, promoting use of carbon taxes to reduce environmental damage and the gradual removal of subsidies on fossil fuels as a way to generate revenues for governments and reduce greenhouse gas emissions.
January 13, 2012 -- IMF Survey: Big Financial Sectors Under Review in 2012 By IMF
There's one thing all countries learned in the recent crisis: problems in the financial system can have devastating consequences for economic health. In 2012 the IMF will examine some of the world’s biggest financial sectors to help them spot any trouble on the horizon.
December 02, 2011 -- IMF Survey: Emerging Markets Seen as Part of Solution to Global Problems
IMF Managing Director Christine Lagarde, wrapping up a visit to Latin America, said that the balance of economic power was shifting and that emerging economies were part of the solution to global problems.
November 30, 2011 -- IMF Survey: Spotlight on G-20 as Mexico Takes Over Leadership
With Mexico taking over leadership of the Group of Twenty (G-20) industrial and emerging market countries at a critical time, IMF Managing Director Christine Lagarde is visiting Latin America this week and discussed dangers for the global economy and some bright spots.
May 26, 2011 -- IMF Survey: Global Capital Flows in Spotlight at Brazil Conference
With emerging markets around the world showing strong growth and attracting large inflows of capital, key policymakers, academics, and private sector participants meet in Brazil to discuss how to manage the potentially destabilizing wave of money and review policy options and tools to manage capital flows.
March 03, 2011 -- IMF Survey: Important Milestone Reached to Reinforce IMF Legitimacy
A package of measures, agreed in 2008 to strengthen the representation of dynamic economies in the IMF, has come into force. The reform provides for quota increases for 54 countries, with the largest gains going to emerging market countries. The reform will also enhance the influence of low-income countries in the IMF's decision-making.
October 08, 2010 -- IMF Survey: Larger Latin American Economies Recovering Faster than Expected
Latin American countries are recovering more strongly than expected from the global recession, but the pace of that recovery varies across the region, said Nicolás Eyzaguirre, Director of the IMF's Western Hemisphere Department.
May 27, 2010 -- IMF Survey: Growth Returns to Latin America, Says IMF Chief
Latin America managed the global economic crisis well, with the right policies, and growth has returned to the region as the global economy recovers, IMF Managing Director Dominique Strauss-Kahn said during a town hall-style dialogue with students in Latin America.
May 25, 2010 -- IMF Survey: Global Cooperation Key to Recovery, Says IMF Chief
The world avoided a great economic depression and will recover thanks to close cooperation from the international community, the IMF's Managing Director Dominique Strauss-Kahn said in São Paulo on May 25.
May 24, 2010 -- IMF Survey: Latin America Helps Shape Global Economic Recovery
Latin America has emerged from the global economic crisis in relatively good shape, and will be an important player to help rebuild the world economy, IMF officials say as Managing Director Dominique Strauss-Kahn embarks on a week-long trip to the region.
April 25, 2010 -- IMF Survey: Larger Latin American Countries Face Major Capital Inflows
Latin American economies as a whole are recovering nicely from the global economic downturn, although the pace of that recovery varies across the region and cheap and abundant external finances raise the risk of a boom-bust cycle, the IMF’s Nicolas Eyzaguirre says.
October 08, 2009 -- IMF Survey: Did Foreign Reserves Help Weather the Crisis?
Did the large accumulation of international reserves in many emerging economies mitigate the impact of the financial crisis? While country authorities believe reserves have helped, hard econometric evidence that they have seems hard to come by.
July 22, 2009 -- IMF Survey: BRICs Drive Global Economic Recovery
We may be witnessing the emergence of a new world order, with countries such as Brazil, Russia, India, and China supplanting the industrial countries as the lead economic powers, write Mario Lettieri and Paolo Raimondi.
November 09, 2008 -- IMF Survey: IMF Urges World Leaders to Counter Global Slowdown
IMF head Dominique Strauss-Kahn urges leaders of the G-20 industrialized and developing economies to take action to help counter the global economic slowdown as ministers from systemically important countries agreed on the need for a coordinated response.
March 28, 2008 -- IMF Survey: Directors Back Reforms to Overhaul IMF Quotas and Voice
In a key step toward reforming the International Monetary Fund, the Executive Board backed a resolution that would achieve a significant shift in the representation of dynamic economies, many of which are emerging market countries, and give poorer countries a greater say in running the institution.