February 6, 2020 / 7:02 PM / 11 days ago

Brazil to grow twice as fast in 2020 vs 2019: Economy Minister Guedes

FILE PHOTO: Brazil's Economy Minister Paulo Guedes attends a Mercosur trade bloc summit, in Bento Goncalves, Brazil December 5, 2019. REUTERS/Diego Vara

BRASILIA (Reuters) - Brazil’s economy will grow this year at twice the pace of last year, Brazilian Economy Minister Paulo Guedes said on Thursday, indicating he remains confident of more than 2% growth.

Guedes was speaking on social media with President Jair Bolsonaro, who said Brazil was taking big steps toward joining the Organization of Economic Co-operation and Development, which “would put Brazil in the first team of world trade.”

Reporting by Anthony Boadle; Editing by Chris Reese

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