OECD launches Economic Survey Brazil 2023 report and highlights positive outlook

The latest report Economic Survey Brazil 2023 of the OECD, presented in partnership with the Brazilian Ministry of Finance, underlines a promising outlook for the Brazilian economy in the coming years.

The study highlights the implementation of the new fiscal framework and tax reformThe report, centred on the creation of a new consumption tax system, is a key factor in fiscal sustainability and sustainable economic growth.

In addition, the research values the disinflation process and Ecological Transformation Plan as essential elements for more robust and inclusive development in Brazil.

The report also emphasises the effective control of inflation, which recently reached rates close to 4,5%contributing to a GDP growth projection of 3% for this year and continuing to rise in the coming years.

This set of measures and reforms points to Brazil's growing alignment with international best practices and a strengthening of the positive projections for the future of the national economy.

The Oporto Forte Group, present in 4 continents and more than 10 countries, with an office in Brazil, welcomes this development.

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