In May ----, new Health Minister Ricardo Barros stated that the Ministry of Health only has enough resources for the SAMU Emergency Service and the program Farmacia Popular (which offers reduced price medications) until August. The Ministry of Health s outstanding debt from the previous year has accumulated to BRL--bn (USD-bn), with the ministry only receiving BRL-.-bn (USD-.-bn) ...This accounts for -- of the total number of confirmed cases across all of Latin America and the Caribbean. Estimates of the epidemiological curve by Brazil s Ministry of Health show Zika infections peaked in mid-February ----; with a sustained decrease in confirmed and suspected cases from March ---- onwards. This decline is likely due to the onset of the Brazilian winter and less of the warm, damp conditions that supports the Zika vector, the aedes aegypti mosquito). ...Estimates of the epidemiological curve by Brazil s Ministry of Health show Zika infections peaked in mid-February ----; with a sustained decrease in confirmed and suspected cases from March ---- onwards. This decline is likely due to the onset of the Brazilian winter and less of the warm, damp conditions that supports the Zika vector, the aedes aegypti mosquito).
...The Banco Central do Brasil (BCB), under new governor Ilan Goldfajn, will pursue a prudent policy course over the coming months. The Q--- inflation report released on June -- and the minutes from the bank s July ----- monetary policy meeting - the first two major releases of Goldfajn s tenure - indicate that there is little room to cut interest rates in the next few months due to elevated inflation. ...The Banco Central do Brasil (BCB), under new governor Ilan Goldfajn, will pursue a prudent policy course over the coming months. The Q--- inflation report released on June -- and the minutes from the bank s July ----- monetary policy meeting - the first two major releases of Goldfajn s tenure - indicate that there is little room to cut interest rates in the next few months due to elevated inflation. This has driven a shift higher in the short end of the DI futures curve in recent days. At present, we maintain our end----- Selic rate forecast of --.-- , which implies -- basis points of cuts from the current level. We expect that a deceleration in inflation combined with weak growth will prompt the bank to begin an easing cycle in
...Brazil is set for a shift towards more centrist policies, as former Vice President Michel Temer has provisionally ascended to the presidency following the Senate s vote to open an impeachment trial for President Dilma Rousseff on May --. The new president will face challenges in implementing his agenda over the coming quarters and his success will largely hinge upon his ability to forge a strong legislative coalition and maintain popular support. ...