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Finance Minister Meirelles expects the economy will show "meaningful growth rate" by the end of 2017.
But political tensions in South Africa could derail the government's economic growth plans, experts say.
It may not be the best indicator of an improving economy, but Brazil's jobless rate has been declining since 2015.
BRICS want to protect the flexibility in TRIPS and support the UN's High-Level Panel on Access to Medicines.
Currencies and stocks also gained in most of the tracked 26 emerging economies.
Local police stopped patrolling Vitoria on Saturday and the city quickly plunged into chaos.
The military will be used to help police search the prisons for cellphones, drugs and weapons.
There are expectations that the economy will struggle to grow above 0.5 per cent in 2017.
Police described the hearts of some inmates being removed from their bodies and burned in a bonfire.
Several bodies were beheaded, dismembered, and thrown over the fence of the prison in the city of Manaus.