Credit-to-GDP ratio in Brazil should reach 49% this year
JUSTIÇA DE SÃO PAULO DETERMINA QUE O MUNICIPIO AUTORIZE A EXPEDIÇÃO DE NOTAS FISCAIS ELETRÔNICAS.
9 de fevereiro de 2024
Por que Rússia deve crescer mais do que todos os países desenvolvidos, apesar de guerra e sanções, segundo o FMI
18 de abril de 2024With a total volume of credit operations at R$1.435 trillion in February, the Central Bank’s director of Economic Policy, Mario Mesquita, says the credit-to-GDP ratio should reach 49% this year. Mesquita’s latest forecast is up from 48% in December.
The February credit operation volume was 44.9% of GDP, up from 40.7% in February 2009.
According to the head of the Economic Department at the Central Bank, Altamir Lopes, the expansion of credit is not strong enough to cause concern, but strong enough to give economic growth a boost. “Credit will continue to sustain growth at reasonable rates creating good dynamics for the economy,” he declared.
