INSUBCONTINENT EXCLUSIVE:
The Central Bank of Brazil has revised its forecast for the country's economic growth in 2023, raising it from 1.2% to 2.0%.This updated
projection reflects a more optimistic outlook compared to three months ago.However, the bank also highlighted that Brazil's economic
scenario continues to be one of deceleration, influenced by global growth slowdown and the cumulative impacts of national monetary
policy.The upward revision in the growth forecast is attributed to the positive surprise of the first quarter.Despite this increase, the
bank emphasizes that the projection still indicates a deceleration of economic activity
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