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July 26, 2013
July 9, 2012
July 20, 2011
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Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 1.8 2.7
Consumer Prices 5.9 5.5
Source: World Economic Outlook (April 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Brazil: Financial Position in the Fund

Transactions with the Fund

Central Bank
Banco Central do Brasil

Finance Ministry
Ministério da Fazenda

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Ministério do Planejamento, Orçamento e Gestão


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Brazil and the IMF
Updated April 12, 2014

The last Article IV Executive Board Consultation was on July 26, 2013. Listed below are items related to Brazil, in reverse chronological order (you can also view items by category).

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November 08, 2000 -- Transcript of Economic Forum -- One World, One Currency: Destination or Delusion? November 8, 2000
The title of this panel harks back to a publication of the European Union or the Commission, a report which was, if my memory serves, called One Market, One Money. And in fact it is the creation of that one money in Europe, the euro, that makes today's topic particularly relevant.
November 03, 2000 -- Brazil Letter of Intent, Memorandum of Economic Policies, and Technical Memorandum of Understanding, November 3, 2000
This Letter of Intent of the government of Brazil describes the policies that Brazil intends to implement in the context of its request for financial support from the IMF.
October 12, 2000 -- Latin America 2000 -- Address by Stanley Fischer
Given at the LACEA Conference, Rio de Janeiro
October 01, 2000 -- The Russian Default and the Contagion to Brazil
Author/Editor: Baig, Taimur | Goldfajn, Ilan
Series: Working Paper No. 00/160
September 24, 2000 -- Statement by Carlos Saito G-24 Chairman to the Second Meeting of the International Monetary and Financial Committee, September 24, 2000
Speaking as the Chairman of the Intergovernmental Group of 24 on International Monetary Affairs
September 21, 2000 -- Transcript of a Press Conference by Masood Ahmed on The IMF's Role in Poverty Reduction
I will focus on how the Fund is working to support poverty reduction in conjunction with the World Bank and other agencies.
September 20, 2000 -- Transcript of a Press Conference by The Managing Director of the IMF Prior to the 2000 Annual Meetings
My vision of the IMF is founded on two major challenges: first, to adjust the Fund to the changes in global financial markets and focus on its core responsibilities in this context and, second, to make the Fund an active and efficient part of the team to make globalization work for the benefit of all.
September 15, 2000 -- International Monetary Fund: Getting the Job Done -- Address by Eduardo Aninat, Deputy Managing Director, IMF
Given at the Miami Herald Americas Conference, Miami
August 02, 2000 -- News Brief: IMF Managing Director Köhler Issues Statement on Brazil
June 26, 2000 -- Exchange Rate Regimes in an Increasingly Integrated World Economy -- An IMF Issues Brief
This brief considers the choice of an appropriate exchange rate regime--floating, managed or fixed arrangements--for individual countries in light of important changes that have taken place in the world econmy in recent years.
May 31, 2000 -- News Brief: IMF Completes Brazil Fifth Review
May 26, 2000 -- Growth and Stability in Latin America and the Caribbean: Challenges for the Epoch of Globalization--Lecture by Eduardo Aninat
delivered at the Eric Williams Memorial Lecture, Port-of-Spain, Trinidad and Tobago
May 25, 2000 -- Transcript of a Press Briefing by IMF Managing Director Horst Köhler
I thought I should meet with you, not in a very prepared manner or with a statement, but really reporting a bit out from the workshop of the IMF. The IMF has a lot of construction sites, and I am meeting you within this process. So for three weeks now I have been in the Fund.
May 11, 2000 -- News Brief: IMF Managing Director Horst Köhler to Visit Argentina, Brazil, Honduras and Mexico
April 20, 2000 -- Brazil Memorandum of Economic Policies and Technical Memorandum of Understanding Letter of Intent, April 20, 2000
This Letter of Intent of the government of Brazil describes the policies that Brazil intends to implement in the context of its request for financial support from the IMF.
April 13, 2000 -- Transcript of a Press Conference by Mr. Stanley Fischer, IMF Acting Managing Director
This is the traditional Managing Director's press briefing for the Spring Meetings.
April 13, 2000 -- Transcript of an IMF Press Conference on Exchange Rate Regimes in an Increasingly Integrated World Economy
The background to this study is the renewed interest in the issue of appropriated exchange rate arrangements, prompted by the currency and payments crises of the 1990s; the general increase in capital mobility and the boom-bust character that we sometimes see involving capital flows to developing countries.
March 20, 2000 -- Opening Remarks by Stanley Fischer
Given at the IMF Institute's High-Level Seminar on Implementing Inflation Targets
March 01, 2000 -- Finance & Development, March 2000 - Monetary Policy During the Transition to a Floating Exchange Rate: Brazil's Recent Experience
By Arminio Fraga: The financial crisis that erupted in Asia in 1997 quickly spread to other developing regions, as international investors panicked and pulled their capital out. In this article, the governor of Brazil's central bank outlines the steps Brazil took to avert financial disaster when inflows of private foreign capital suddenly dried up.
February 02, 2000 -- Presentation by Stanley Fischer to the International Financial Institution Advisory Commission
The recent crises have posed difficult new challenges, to which we responded swiftly; we are now seeing the benefits of most of the policies we recommended. But the crises also revealed the need for reform of the Fund and its activities. The process of reform is now well under way, but far from complete.

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