MINAS-RIO: SAFETY AS A CORNERSTONE OF PERFORMANCE slide image

MINAS-RIO: SAFETY AS A CORNERSTONE OF PERFORMANCE

BRAZIL: ECONOMIC AND POLITICAL SCENARIO A challenging set-up in spite of favourable conditions Selected indicators1 - % Brazil OECD Modest growth due to tighter monetary and fiscal policies, weak external demand, low levels of investment and infrastructure bottlenecks; GDP Growth Inflation 10 10 6,5% 5 1,8% 2,3% 2,6% 5 5,4% 5,1% 1,8% 1,6% 1,9% 0 1,4% 0,3% -0,7% 0 -5 2010 11 12 13 14 15 2016 2010 11 12 13 14 15 2016 Unemployment rate Fiscal balance 10 7,3% 7,0% 6,8% 5 0 --3,9% -3,4%- 5 4,7% 5,1% 5,4% -5 -3,9% -3,1% -3,0% 0 -10 2010 11 12 13 14 15 2016 2010 11 12 13 14 15 2016 Gross public debt currently at R$ 1,38trillion - -25% of GDP Sources: Datafolha Survey - March 18th, 2015 Brazilian environment Democracy Quality, but scarce workforce Abundant mineral resources • Public demonstrations Low government approval Corruption scandals • Energy crisis Water shortage 4
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