01970cas a2200241 a 4500 AALejournalIMF018712 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484372449 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Brazil : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Brazil. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (73 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2018 Article IV Consultation highlights that a mild recovery supported by accommodative monetary and fiscal policies is currently under way in Brazil. But the economy is underperforming relative to its potential, public debt is high and increasing, and, more importantly, medium-term growth prospects remain uninspiring, absent further reforms. Against the backdrop of tightening global financial conditions, placing Brazil on a path of strong, balanced and durable growth requires a committed pursuit of fiscal consolidation, ambitious structural reforms, and a strengthening of the financial sector architecture. Following the severe recession in 2015-16, real GDP grew by 1 percent in 2017. Growth is projected to be 1.8 and 2.5 percent in 2018 and 2019, respectively, driven by a recovery in domestic consumption and investment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/253 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/253/002.2018.issue-253-en.xml IMF e-Library