Brazil: 2012 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Brazil
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Summary:
A strong policy framework and improved income distribution and social outcomes have been important accomplishments in Brazil. The 2012 Article IV Consultation highlights that financial stability in Brazil has been underpinned by a strong banking system and framework for regulation and supervision. Executive Directors have commended authorities’ commitment to a strong policy framework, which has delivered a decade of macroeconomic stability and rising living standards. They have also welcomed the recent reorientation of the policy mix toward generating fiscal savings and providing monetary countercyclical support.
Series:
Country Report No. 2012/191
Subject:
Banking Credit Exchange rates External debt Fiscal policy Fiscal stance Foreign exchange Money Public debt
English
Publication Date:
July 20, 2012
ISBN/ISSN:
9781475506709/1934-7685
Stock No:
1BRAEA2012001
Pages:
105
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