The growth, however, is low and the figures show weak sector recovery, according to Getulio Vargas Foundation.
Author: Agência Brasil
The forecast concerns the next three years, according to a survey conducted by the Getulio Vargas Foundation, covering 779 Brazilian companies in January and February 2012.
Last year, 2.7 million Brazilians switched income brackets, leaving the so-called D and E classes to become a part of the C class. Another 230,000 joined the ranks of the (higher income) A and B class
The figure represents the net inflow of foreign currency in Brazil up until the 16th of March, according to the Central Bank.
Decree issued this Wednesday sets value of government scholarship for foreign undergraduate students at US$ 341 per month. Regular and academic performance grants are available.
The company announced that it has discovered good-quality oil in another block off of the shore of São Paulo.
The social area presented improvement in Brazil, despite the weak performance of the economy, shows an Ipea index.
The organization’s 2012 plan was released this Wednesday, providing for a new secretariat to be established in order to increase the capacity of the corporation for public and private deals.
The net inflow of foreign currency into Brazil was calculated up to the 9th, according to the Central Bank. There was a surplus in financial and trade operations.
Brazil’s Guido Mantega stated that 2012 will be a year of challenges for the Brazilian economy, but the country is capable of facing up to the crisis.
Industrial activity lost momentum in January in nine out of 14 regions surveyed by the Brazilian Institute of Geography and Statistics (IBGE).
From now on, loans settled before five years will pay 6% Tax on Financial Operations. The measure caused the dollar to appreciate.
The Brazilian minister of Finance, Guido Mantega, stated that taxes charged on companies’ payrolls will be lowered.
According to the secretary general of Rio+20, Sha Zukang, the international crisis may affect implementation of the green economy in some countries.
