IMF Staff Country Reports

Brazil : 2012 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Brazil

Author/Editor:

International Monetary Fund

Publication Date:

July 20, 2012

Electronic Access:

Free Full text (PDF file size is 2630 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

A strong policy framework and improved income distribution and social outcomes have been important accomplishments in Brazil. The 2012 Article IV Consultation highlights that financial stability in Brazil has been underpinned by a strong banking system and framework for regulation and supervision. Executive Directors have commended authorities’ commitment to a strong policy framework, which has delivered a decade of macroeconomic stability and rising living standards. They have also welcomed the recent reorientation of the policy mix toward generating fiscal savings and providing monetary countercyclical support.

Series:

Country Report No. 12/191

Subject:

Article IV consultation reports Bank supervision Brazil Capital inflows Credit expansion Economic growth Economic indicators Financial sector Fiscal policy Monetary policy Pension reforms Public information notices Staff Reports Tax reforms