According to the bank's survey of the country's main financial institutions, analysts maintained their economic growth forecast for 2022 at 0.29 percent but downgraded it from 1.75 percent to 1.69 percent for 2023.
Analysts also maintained the projected benchmark interest rate at 11.75 percent by the end of this year and at 8 percent by the end of the next. The rate currently stands at 9.25 percent annually.
Regarding the trade balance, Brazil is expected to see a surplus of 56 billion U.S. dollars in 2022 and 50.65 billion U.S. dollars in 2023.
Foreign direct investment in Brazil is forecast to reach 58 billion U.S. dollars in 2022 and 70 billion U.S. dollars in 2023.
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