LEADER 04270oam 22011534 450 001 9910155012503321 005 20230913112557.0 010 $a1-4755-5330-7 010 $a1-4755-5332-3 035 $a(CKB)3710000000973040 035 $a(BIP)077143928 035 $a(IMF)1BRAEA2016001 035 $a(EXLCZ)993710000000973040 100 $a20020129d2016 uf 0 101 0 $aeng 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aBrazil : $e2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brazil 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (96 p.) 225 1 $aIMF Staff Country Reports 311 $a1-4755-5319-6 330 3 $aThe economy is still in its deepest recession in decades, partly the result of the failure of past policies. The recession has been aggravated by a political crisis, which had, until recently, paralyzed policymaking and further damaged confidence. President Rousseff was impeached for responsibility crimes related to fiscal practices on August 31, and the government that took office in May will remain in charge until January 1st, 2019. Markets have responded positively to the new government?s reform agenda, bolstering asset prices and confidence and helping the country ride a positive wave of sentiment toward emerging economies. However, while some high-frequency indicators suggest the recession may be nearing its end, the implementation of much-needed reforms to durably restore policy credibility is subject to risks. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2016/348 606 $aBanks and Banking$2imf 606 $aExports and Imports$2imf 606 $aForeign Exchange$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aInflation$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aFiscal Policy$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aPublic finance & taxation$2imf 606 $aBanking$2imf 606 $aInternational economics$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aEconomic growth$2imf 606 $aPublic debt$2imf 606 $aFiscal stance$2imf 606 $aExpenditure$2imf 606 $aExternal debt$2imf 606 $aFiscal policy$2imf 606 $aPrices$2imf 606 $aDebts, Public$2imf 606 $aBanks and banking$2imf 606 $aExpenditures, Public$2imf 606 $aDebts, External$2imf 607 $aBrazil$2imf 615 7$aBanks and Banking 615 7$aExports and Imports 615 7$aForeign Exchange 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aInflation 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aFiscal Policy 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aNational Government Expenditures and Related Policies: General 615 7$aInternational Lending and Debt Problems 615 7$aPrice Level 615 7$aDeflation 615 7$aPublic finance & taxation 615 7$aBanking 615 7$aInternational economics 615 7$aCurrency 615 7$aForeign exchange 615 7$aEconomic growth 615 7$aPublic debt 615 7$aFiscal stance 615 7$aExpenditure 615 7$aExternal debt 615 7$aFiscal policy 615 7$aPrices 615 7$aDebts, Public 615 7$aBanks and banking 615 7$aExpenditures, Public 615 7$aDebts, External 801 0$bDcWaIMF 906 $aBOOK 912 $a9910155012503321 996 $aBrazil$9467337 997 $aUNINA