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.
Author: Agência Brasil
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.
Here was a decline of 1.4% in January as against December. Other indices, however, have increased.
This year, 157.5 million tonnes of grain, leguminous and oleaginous plants should be harvested in Brazil, a figure 1.5% higher than in 2011, according to the Institute of Geography and Statistics.
The Brazilian government’s Growth Acceleration Programme ended the year with US$ 117 bn invested, according to the federal government. The value represents 21% of the forecast in 2014.
The good crop performance associated to high agricultural product prices in the global market caused the sector GDP to grow 3.9% in Brasil in 2011, more than the country GDP as a whole.
Finance minister Guido Mantega blames the crisis and says that if the international scenery had not worsened, the growth in Gross Domestic Product would be closer to 4%, higher than the 2.7% recorded.
The 2012 estimate is US$ 264 billion in foreign sales, growth of just 3.1% over last year.
The company expanded gas deliveries by 15.3% in 2011. Offer reached 37 million cubic metres of gas a day, a record.
The result was disclosed on Wednesday by the National Monetary Council, which approved the institution’s accounts.
