Will Brazil reach investment grade until the end of 2024?
20
1kṀ12k
resolved Dec 18
Resolved
NO

Brazil lost its investment grade during the severe recession caused by the ‘new economic matrix,’ implemented by former President Dilma Rousseff. Since then, Brazil’s credit rating has fallen several notches. However, due to recent economic reforms, Brazil is now rated BB by Standard & Poor’s. Economists believe that only after another round of reforms will Brazil be able to regain its investment grade, aiming for a BBB- rating. I created this poll to gauge whether people believe Brazil is capable of improving from a BB to a BBB- rating (a two-notch increase) by December 31, 2024

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