World News

Brazil to grow twice as fast in 2020 vs 2019: Economy Minister Guedes

BRASILIA (Reuters) – Brazil’s economy will grow this year at twice the pace of last year, Brazilian Economy Minister Paulo Guedes said on Thursday, indicating he remains confident of more than 2% growth.

Guedes was speaking on social media with President Jair Bolsonaro, who said Brazil was taking big steps toward joining the Organization of Economic Co-operation and Development, which “would put Brazil in the first team of world trade.”

(Reporting by Anthony Boadle; Editing by Chris Reese)