Brazil’s largest party will decide on Tuesday to break away from President Dilma Rousseff’s floundering coalition, party leaders said, sharply raising the odds that the country’s first woman president will be impeached amid a corruption scandal.

The fractious Brazilian Democratic Movement Party (PMDB) will decide at its national leadership meeting on the pace of disengagement from the Rousseff administration, in which it holds seven ministerial posts and the vice presidency.

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Economists reduced once again their outlook on Brazil’s economic performance for this year and next year, underscoring a prolonged recession of Latin America’s largest economy.

Brazil’s gross domestic product is expected to shrink 3.66% this year, according to a weekly central-bank survey of 100 economists, compared with expectations a week ago for a 3.60% contraction. This marked the tenth-consecutive downward revision. For 2017, economists reduced their view of the country’s economy expansion to 0.35% from 0.44%.

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Brazil’s state-run oil company, Petrobras, reported a record quarterly loss of $10.2 billion Monday due to a large reduction in the value of some assets amid lower oil prices.

Petrobras has been at the center of a sprawling corruption scandal that has ensnared some of Brazil’s most powerful lawmakers and business executives.

The embattled company said it lost 36.9 billion reais, or $10.2 billion, in the fourth quarter. That brought its full-year 2015 result to a $9.6 billion loss. Net sales, or total sales minus sales taxes, was $23.5 billion for the quarter. Adjusted earnings before interest, taxes, depreciation and amortization totaled $4.7 billion.

Once the crown jewel of Brazil’s government, Petrobras’ image quickly lost its luster amid mismanagement and corruption.

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