The International Monetary Fund (IMF) recommended a careful assessment of the cost-benefit and possibly a gradual elimination of the securities encouraged in Brazil. In Article IV, an annual report on the economy of each member of the institution, the IMF stressed that the demand for these assets has grown significantly in the country, but has not achieved the objective for which they were created: to increase productive investment. On the other…
The International Monetary Fund (IMF) recommended a careful assessment of the cost-benefit and possibly a gradual elimination of the securities encouraged in Brazil. In Article IV, an annual report on the economy of each member of the institution, the IMF stressed that the demand for these assets has grown significantly in the country, but has not achieved the objective for which they were created: to increase productive investment. On the other…