Mídia NINJA
The International Monetary Fund (IMF) projects Brazil’s economy will grow by 2.3% in 2025, moderating from the 3.4% growth seen in 2024. According to the IMF’s latest Article IV consultation, this slowdown is expected amid tight monetary and financial conditions, a scaling back of fiscal support, and heightened global policy uncertainty. The report notes that Brazil’s economy has experienced strong growth over the past three years, surprising on the upside, but is now showing expected signs of cooling.
The IMF commended the Central Bank of Brazil’s commitment to price stability, stating that its monetary policy tightening has been appropriate for bringing inflation back to the 3% target. Inflation is projected to be 5.2% at the end of 2025, gradually converging to the target by the end of 2027. The IMF’s assessment also encouraged authorities to ensure fiscal sustainability and continue structural reforms to tackle long-standing challenges, highlighting that the balance of risks to growth is tilted to the downside.
