Guedes says Brazil is looking for petrodollars and economic growth is certain

“Don’t bet against the Brazilian economy. Everyone who bet is wrong, ”said Guedes. | Photo: Marcelo Camargo / Agência Brasil

Economy Minister Paulo Guedes has been optimistic about the growth of the Brazilian economy in the coming months and said the government has traveled to the Middle East in search of petrodollars to fund programs investment in Brazil. In a conversation with reporters this Sunday morning (14), Guedes said 700 billion reais had already been committed and those who bet against the Brazilian economy were wrong. The information comes from G1.

“Here are the petrodollars. We took a big step at the end of the 1980s, after the oil shock, to resume this recycling of resources. Only at that time it was with debt. We did an infrastructure expansion based on debt, ”Guedes said. “Now we are going to participate in our investment programs, in our investment partnerships,” said the minister.

“We are very optimistic. We believe that the growth of the Brazilian economy is already contracted. Interest rates will rise a bit to fight inflation, but growth is already contracted. There is 700 billion BRL already committed, in addition to the work that we will continue to do. Don’t bet against the Brazilian economy. All those who bet were wrong, ”said the Minister.

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