LS Brazil Outlook | May 2020 | Beyond the crisis: reasons for optimism?

May
2020

Beyond the crisis: reasons for optimism?

Brazil is going through turbulent times, as a dispute opposing President Bolsonaro’s administration to the country’s Supreme Court has compounded the severe impact of the epidemic crisis on individuals and businesses.This edition of LS Brazil Outlook discusses this conflagrated scenario, but also comments on recent developments that allow for cautious optimism in relation to the post-pandemic.

On this issue | June 2020

Building support in Congress

Looking beyond the current health crisis there are reasons for optimism. Brazilian exports increased in the first quarter of 2020, foreign currency reserves are solid, exchange rates are favorable to foreign investments and the Government is...

The case for reform of the administration

Reform of the administration is crucial for Brazil to succeed in its efforts towards sustainable fiscal balance. The Covid-19 pandemic suspended discussions on a proposal of constitutional reform aimed at streamlining the country’s civil service,...

Peace between Federal and local governments

May 2020 brought good news in the ever tense relationship between Federal and local Governments regarding financial matters: a deal ended a 24-year old dispute on compensation owed to states due to certain tax benefits; while a second agreement...

The clash between President Bolsonaro and the Supreme Court

On June 10 Brazil's Supreme Court will convene to decide whether a controversial investigation on fake news which may implicate one of President Bolsonaro`s sons and which has brought harsh criticism on the Court may procede, and how.