Fitch says Brazil can weather the storm

Fitch says Brazil can weather the storm

Economy & Policy Brazil Capital Markets Debt Credit Ratings Fitch Ratings Regulation Politics Coronavirus

The Brazilian economy may have to confront a perfect storm from a rare combination of domestic and external risks, but the country can maintain stability as long as it sticks to fiscal discipline, analysts from Fitch Ratings said on Wednesday. "The government and the central bank have the right tools to weather choppier market conditions," Shelly Shetty, co-head of Latin American sovereign ratings at Fitch, told LatinFinance. Brazil's current fiscal deficit means that "the country is vulnerable

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