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Economy Ministry To Disclose Report With Macroeconomic Forecasts

BRAZIL
  • Economy Ministry discloses report with macroeconomic forecasts including GDP and inflation. Minister Paulo Guedes attends press conference alongside with Economic Policy Secretary Pedro Calhman. Report to be released at 2:30pm, press conference to start at 3pm, Brasilia time.
  • Brazil’s government got the green light by auditors to privatize Centrais Eletricas Brasileiras SA, or Eletrobras, the nation’s biggest electricity generation company.
    • The country’s audit court approved the sale by 7-1 votes on Wednesday, when it resumed deliberations after delaying its final decision by 20 days to give one of its members more time to evaluate the process. (BBG)
  • Brazil's Supreme Court on Wednesday rejected a complaint filed by President Jair Bolsonaro in which he accused a justice of abusing his authority, marking the latest escalation of confrontations between the far-right leader and the top court. (AP)
  • Treasury auctions fixed-rate LTN notes due 2022, 2024 and 2025 and fixed-rate NTN-F local notes due 2029 and 2033.

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