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Head of Brazil's BNDES sees 2018 GDP growth above 3 pct
November 21, 2017 / 2:38 PM / 20 days ago

Head of Brazil's BNDES sees 2018 GDP growth above 3 pct

SAO PAULO, Nov 21 (Reuters) - The Brazilian economy is likely to grow more than 3 percent in 2018, perhaps even near 4 percent, the head of Brazilian state development bank BNDES, Paulo Rabello de Castro, said on Tuesday.

This suggests he is more bullish than private-sector economists, whose median estimate clocked in at 2.51 percent in a central bank survey published on Monday. (Reporting by Gabriela Mello; Writing by Bruno Federowski Editing by Chizu Nomiyama)

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