Newsweek International

Brazil Reform and investment driving growth

Brazil is set to attract $50bn in investment in 2021 and 2022, generating 22,000 new jobs, President Jair Bolsonaro told a forum of foreign investors in May 2021. Bolsonaro’s government is pushing forward pro-business reforms to strengthen the economic environment in Latin America’s biggest economy, moving the country closer towards meeting its huge potential. In 2019, the country was the world’s fourth-largest recipient of foreign direct investment.

“Brazil is prepared to offer unique

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