Brazil’s 2022 general election will be a pivotal event in the trajectory of Latin America’s largest economy. The presidential race – pitting the incumbent, Jair Bolsonaro, against a number of other candidates including most notably former president Luiz Inácio Lula da Silva – comes at a time of high polarisation in Brazil. A victory by Lula, the current polling frontrunner, would be a historical shift back towards the left in Brazil, while raising the risk that Bolsonaro could contest the result.

In this webinar, which will take place after the first round of the election, we at Fitch Solutions will recap the results from the first round on October 2 and look ahead to the run-off vote, analysing the likely scenarios and what might happen in the immediate aftermath of the election. Then we will provide a holistic assessment of the election’s likely impact on economic growth, fiscal policy, and a number of key sectors of the Brazilian economy, including Oil & Gas, Infrastructure, and Power & Renewables.

Topics covered will include:

  • An assessment of the results from the first round.
  • The likely scenarios for Brazil’s run-off election on October 30 and the immediate aftermath.
  • The likely trajectory of economic policy under either a Bolsonaro or Lula presidency, and how it will impact Brazil’s growth outlook.
  • Our expectations for how the election will impact a number of key sectors, particularly Oil & Gas, Infrastructure and Power & Renewables.

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

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