IMF pulls out of Brazil after economy minister’s ire


The IMF will close its office in Brasilia when the Brazil representative’s mandate expires on June 30, 2022. – EPA pic, December 17, 2021.


THE International Monetary Fund said yesterday it will close its Brazilian office, a day after receiving harsh criticism from Economy Minister Paulo Guedes over its forecasts for Latin America’s biggest economy.

The IMF said it would close its office in Brasilia when the current country representative’s mandate expires on June 30, 2022.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments