Home Business News Brazil's worst drought in 92 years threatens to hurt economic growth

Brazil’s worst drought in 92 years threatens to hurt economic growth



BRASILIA (Reuters) – Brazil’s economy is performing much better than most analysts predict but the current lack of rain, the country’s worst drought in nearly a century, has risks to growth this year, Special Secretary of the Ministry of Economy Adolfo Sachsida said on Friday.

In an online event organized by the planning secretariat of the northern state of Ceara, Sachsida said energy problems are also being exacerbated by “structural and fundamental” problems, making investment The humanization of the massive state power Eletrobras became even more urgent.

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