The Brazilian government will allocate the funds to investment in refurbishing and construction in places other than Brasília, São Paulo and Rio de Janeiro.
Author: Agência Brasil
Brazil’s trade surplus amounted to US$ 70 million last week, as against US$ 285 million in the preceding week.
A study by the National Confederation of Industry shows that the hiring of services from abroad, like foreign consultancy or technical support, is up to 51% more expensive due to taxes for entry into the country.
The expansion took place in April as against the previous month, according to unseasoned figures disclosed by the Central Bank. This was the second month running with expansion of the index.
The value of the United States currency declined this Thursday after having reached its highest peak since April 30, 2009 last Wednesday.
Dollar inflow into Brazil exceeded outflow by US$ 1.57 billion. Still, the performance did not prevent the value of United States currency from hiking in relation to the Brazilian real.
A total of 655 projects for Northeast and South Brazil are competing in a tender due on August 23rd.
Driven by maize and soy crops, the balance of trade showed a US$ 285 million surplus last week, as a result of US$ 5.367 billion in exports and US$ 5.082 billion in imports.
In two years, the country has won disputes to head international organisations. Including the World Trade Organisation, the Organisation of American States and the Inter-American Commission on Human Rights.
Vehicle trade dropped in May as against the previous month, to 316,233 units, according to figures disclosed by the sector association. Production grew 0.3% in the same period.
The country is in the fourth position in number of buildings erected based on environmentally sustainable criteria. The United States come in first place, followed by China and the Emirates, in third.
The Agriculture and Livestock Plan will make the amount available for financing during the upcoming crop, according to a federal government announcement. Value is up 18% from the last season.
The balance of Brazil’s exports and imports was US$ 760 million positive, the lowest result since 2002.
Projections by financial institutions indicate that the Gross Domestic Product will be up 2.77% this year. The previous forecast was 2.93%.
