VOICED : FMI agrava previsiones de recesion en Brasil

The IMF has revised its forecast for Brazil's economy, predicting a 3.8% contraction in 2016, mirroring 2015's decline. This is worse than the average 0.5% contraction expected for Latin America and the Caribbean. Brazil's economy has been affected by China's slowdown and falling commodity prices. Political tensions are high as President Dilma Rousseff faces impeachment over alleged fiscal mismanagement. Brazil is experiencing its first consecutive two-year recession since the 1930s, and its credit rating has been downgraded to junk status by major agencies.

What was the IMF's forecast for Brazil's GDP contraction in 2016?

• 5.0%

• 3.8%

• 2.5%

• 4.2%

Which region's average economic contraction was less severe than Brazil's in 2016?

• Europe

• Africa

• Asia

• Latin America and the Caribbean

What external factor contributed to Brazil's economic challenges?

• Rising oil prices

• China's economic slowdown

• Increased foreign investment

• Technological advancements

What political event was adding to Brazil's economic difficulties?

• A new trade agreement

• A military coup

• Impeachment proceedings against the president

• Presidential elections

What significant financial downgrade did Brazil face in 2015?

• Upgrade to investment grade

• Downgrade to junk status

• Stable outlook

• Positive outlook