Brazil’s Debt Hits 91.4% of GDP — Third Highest in South America
Key Points — Brazil’s public debt stands at 91.4% of GDP according to the IMF — the third highest in South America behind Venezuela (138.5%) and Bolivia (93.7%), with five of twelve countries in the region above 75% — With the Selic benchmark rate at 14.75%, a large share of federal debt is indexed to […] The post Brazil’s Debt Hits 91.4% of GDP — Third Highest in South America appeared first on The Rio Times.
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Key Points — Brazil’s public debt stands at 91.4% of GDP according to the IMF — the third highest in South America behind Venezuela (138.5%) and Bolivia (93.7%), with five of twelve countries in the region above 75% — With the Selic benchmark rate at 14.75%, a large share of federal debt is indexed to […]
The post Brazil’s Debt Hits 91.4% of GDP — Third Highest in South America appeared first on The Rio Times.
