O QUE PODE ACONTECER COM O BRASIL ATÉ 2030?

Summary

Eduardo Mufarej discusses Brazil's macro outlook through 2030, warning that high real rates, fiscal expansion, and a closed capital market are creating a dangerous combination for companies and credit. He argues fiscal policy must allow rates to fall to revive credit and investment. He also explains how RenovaBR prepares new lawmakers for fiscal and public policy debates.

• Brazil is seen as large and diversified but accumulating a fiscal and interest-rate bill.
• Prolonged high real rates are causing corporate failures on a scale not seen since the 1980s.
• Small and mid-sized Brazilian companies face acute credit and leverage pressure.
• The speaker argues Brazil needs fiscal policy that allows the yield curve to fall quickly.
• Lower rates are expected to rotate money from SELIC/NTN-B into alternatives and reopen capital markets.
• Brazil's capital markets have been closed for new issuances for about four years.
• RenovaBR trains first-term federal lawmakers on fiscal policy and public administration.