The Brazilian government has invested 882 billion reais to deal with the epidemic. What is the impact on the Brazilian economy? After the novel coronavirus epidemic intensified, governments began to invest a lot of money, hoping to save the crisis. Brazilian investment has several effects on the economy:

First of all, Brazil's manufacturing industry will be severely hit and the unemployment rate will rise:

Brazil's economic development in recent years has its own problems, mainly because its manufacturing competitiveness is declining. With the outbreak of novel coronavirus, the Brazilian government did not destroy novel coronavirus as quickly as China did. They obviously ignored the seriousness of the epidemic at first, and now Brazil has begun to invest 882 billion reais to control the epidemic, which is huge for Brazil. Therefore, their manufacturing industry is likely to be affected. Because Brazil's manufacturing industry itself is unstable and its benefits have fallen sharply in recent years, it has always needed the support of government funds. However, after the Brazilian government invested heavily in the novel coronavirus epidemic, less and less funds will be spent on the manufacturing industry, which will lead to the retrogression of Brazil's manufacturing industry and the sharp rise of Brazil's unemployment rate, which is a great crisis for Brazil's social stability and economic development.

Second, Brazil's financial system will fall into crisis and even lead to currency depreciation:

Brazil's financial system has been imperfect. After the financial crisis in 2008, Brazil's finance has been very fragile. Now that Brazil has invested a lot of money to fight the epidemic, the liquidity of the financial industry will be reduced. Under such circumstances, it is likely to lead to turmoil in Brazil's securities industry, and even Brazil's currency will fluctuate, and currency depreciation is likely to be inevitable, which will have a huge impact on Brazil's economy.

Third, Brazil's small and medium-sized enterprises will encounter financing difficulties, and Brazil's economic income will be greatly reduced:

The development of SMEs in Brazil is not bad, but the strength of SMEs is not strong. Now the Brazilian government has invested a lot of money to fight the epidemic. It is estimated that it is difficult for small and medium-sized enterprises to maintain, so it is a fatal blow to Brazil.