⁍ Social distancing in Brazil is expected to return to pre-pandemic levels in mid-December.
⁍ It will help reduce unemployment next year and extend the economic recovery already underway.
⁍ The big challenges next year are employment, credit and fiscal consolidation.
– Unemployment in Brazil is expected to fall to pre-pandemic levels in mid-December, which will help reduce unemployment next year and extend the economic recovery already underway, a senior Economy Ministry official said on Wednesday. Speaking in a virtual debate hosted by Safra Bank, Economic Policy Secretary Adolfo Sachsida said the big challenges next year are employment, credit, and fiscal consolidation, adding that fiscal discipline is the best thing for Brazil, especially the poor, as it will keep inflation and interest rates low.
Source: https://www.reuters.com/article/brazil-economy-outlook/brazil-social-distancing-seen-returning-to-pre-pandemic-levels-in-december-economy-ministry-official-idUSS0N2GS000