It is evident that “the tide is out for fish” in terms of the economy, and this is a global finding, keeping in mind the particularities of each country. In Brazil, the scenarios that emerged this year were highly complex due to high inflation and interest rates, while average wages remain low. For 2023, projections continue to show challenging situations.

The Ipea conjuncture letter points out that “if inflation expectations are unanchored, as in the 1970s, interest rates (...) will be higher than currently anticipated in the financial markets, recalling the ghost of the sharp rises in interest rates that tamed the inflation, but also led to the global recession in 1982, the financial crises and the beginning of a long period of low growth in several emerging and developing economies.”

For 2023, although there is a perspective of reduction, a level of around 11% p.a. is still expected.

To comment on this scenario, finance, controllership and risk management specialist Daverson Furlan, who is on the technical board of Planope Consultoria, gave an interview to the CISP Blog, an association with 50 years of history, which brings together 192 large industries with the purpose of helping - with technological solutions and training - the Credit and Collection departments in making more assertive decisions.

In the interview, Furlan reveals four tips for business health. "With the fragile fiscal anchor, the concerns are serious, both political and budgetary", says Furlan, who points to an uncertain scenario due to high volatility.

“The concerns are serious, both political and budgetary”, adds the expert, noting that we are talking about very low growth for 2023, with difficulties with droughts and interference in crops and prices, in a chain.

To read the full story, visit the link: https://cispintercambio.com/2022/11/17/pib-deve-crescer-em-2023-mas-juros-altos-exigirao-olhar-cirurgico-na-gestao- de-risks/.