The funds will be allocated to construction of an iron ore mining unit, with an annual capacity of 90 million tonnes, and of a railway line.
Author: Agência Brasil
Index measured by CNI shows that the confidence of industrial entrepreneurs in the economy in Brazil dropped in April over March and reached the lowest level in the past five years.
The figure was a result of US$ 4.672 billion in exports and US$ 4.15 billion in imports last week.
Financial institutions polled by the Central Bank have revised up their growth projection for the Brazilian economy in 2014 from 1.63% to 1.65%.
A resolution has changed the certification process for inbound medication to Brazil, which should become swifter according to the National Health Surveillance Agency (Anvisa).
Brazilian production should reach 190.6 million tonnes in the current cycle. The Agriculture minister, Neri Gueller, speaks of ‘supercrops’.
Brazil’s Foreign Trade Chamber (Camex) has cut the tax on capital goods imports from 14% to 2%. The measure will remain valid until the end of 2014 and includes 95 types of products not made domestically.
Foreign sales were down 7% from 2009 to 2013, from US$ 162 mn to US$ 150 mn, according to the Rio de Janeiro State Industry Federation. In the same period, exports from Rio were up 17%.
Technicians from the Brazilian Institute for Geography and Statistics (IBGE) institute believe there are evidences of increased output in the first two months this year. Production was up 1.3%.
The openings will be created in Brazil’s 12 host states between April and June, as per estimates from the National Federation for Trade in Goods, Services and Tourism.
The Brazilian president said the government has managed to meet the inflation target for the last 12 years, and that the net government debt-to-GDP ratio is decreasing.
The amount should be invested by 2016. The concession contract for the Rio de Janeiro International Airport was signed this Wednesday.
There has been an increase of 0.4% in February over January. Thus, the sector amasses 1.3% in the first two months of the year, according to the IBGE.
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