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Brazil to join OECD in a yr, two thirds of preparatory work done: Official

Guedes also said higher exchange rate risk is a natural consequence of the policy shift over the last 18 months in Brazil to looser monetary conditions and tighter fiscal policy

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Reuters Brasillia
Brazil should join the Organisation for Economic Cooperation and Development within a year, Economy Minister Paulo Guedes said on Tuesday, adding that around two thirds of the preparatory work has already been completed.
 
In a live online event hosted by the Milken Institute, Guedes also said higher exchange rate risk is a natural consequence of the policy shift over the last 18 months in Brazil to looser monetary conditions and tighter fiscal policy.
Topics : Brazil OECD

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First Published: Oct 20 2020 | 8:42 PM IST

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