Brazil slashes growth, eyes healthcare collapse over coronavirus
Share:
BRASILIA/SAO PAULO (Reuters) - Brazil began to process the daunting impact of the coronavirus outbreak on Friday, slashing growth outlooks, warning of a healthcare collapse and announcing new measures to combat a crisis that is hurting President Jair Bolsonaro's popularity. The senate on Friday signed off on a state of emergency that will permit the government to waive fiscal targets this year.The Economy Ministry lowered its growth forecast from 2.1% to zero - a number many economists believe..