BRIEF-S&P Says Brazil Outlook Revised To Be Stable From Positive To Uncertainty Regarding COVID-19 | Instant News


April 6 (Reuters) – S&P:

* S&P SAYS BRAZILOS PROSPECTS REVISED TO STABLE FROM POSITIVE IN UNCERTAIN RELATED TO COVID-19; RATINGS ‘BB- / B AF AFFIRMED

* S&P EXPECTES BRAZIL GROWTH GROWTH AND FISCAL PERFORMANCE FOR SUFFERING IN 2020 BECAUSE OF FINANCING OF PANDEMIC AND EXTRAORDINARY FINANCE OF COVID-19

* S&P SAYS UNCERTAINLY INCREASES BRAZIL CAPACITY AGAINST AGENDA OF STRUCTURAL ADVANCE STRUCTURAL ADVANCE REFORM

* S&P SAYS BRAZIL ECONOMIC GROWTH IN 2020 WILL BE “TOO HURT” WITH LOCAL AND GLOBAL COVID-19 IMPACT

* S&P SAYS FASCAL FISCAL VULNERABILITY SHOWS CHALLENGES FOR THE GOVERNMENT TO DESIGN MEASUREMENTS TO MINIMIZE PANDEMIC EFFECTS

* S&P SAYS HOPE OF FISCAL DEFICITES AND DEBT NUMBERS FOR BRAZIL TO DETERMINE ALL 2020, ESTABLISHED BY HIGH EXPENDITURE

* S&P SAYS IT IS RESPONSIBLE IN 2020 PUBLIC GOVERNMENT FISCAL DEFICIENCY WILL INCREASE TO 12% OF GDP FROM 6% IN 2019 FOR BRAZIL

* S&P SAYS BRAZIL REVENUE WILL ALSO ACCORDING TO ECONOMIC CONTRACTS, TAX ASSISTANCE RELATED TO COVID-19, DECIDING OIL ROYALTIES FROM LOW OIL PRICES FROM EIKON:

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