Financing package should be announced officially by president Dilma Rousseff on Friday, providing for a 5% increase in the grain crop and expansion of ethanol production.
Author: Agência Brasil
The statement was made by the Brazilian minister of Finance, Guido Mantega, this Wednesday, referring to the country’s credit default swap market risk assessment.
Tourism sector enterprises that intend to invest in modernization, expansion or training may request a line of credit from the National Development Bank.
The statement was made by the president of the Brazilian Airport Infrastructure Company (Infraero), Gustavo do Vale. The budget, covering 13 airports, has been maintained at US$ 3,5 billion.
Exports reached US$ 5.3 billion and imports reached US$ 4.3 billion last week, generating a trade surplus of US$ 1.06 billion for Brazil.
Brazil exported the equivalent of US$ 8.4 billion in May. Soy and meats were the main export items. Over the last 12-month period, revenues from shipments reached US$ 82.6 billion.
A report from the International Labour Organization shows 115 million children worldwide are performing hazardous work, a figure that represents nearly half of all child labourers (215 million).
Good weather conditions and high prices should drive the national grain crop toward a new record. The Statistics Institute forecasts a harvest of 161.2 million tonnes, 7.8% more than last year.
According to the Ten-Year Energy Expansion Plan, the oil industry will receive 67% of the funds to be invested in the energy sector in the next ten years.
The Brazilian government will integrate international efforts to seek practical and peaceful solutions for ending the crisis in the Middle East and North Africa.
The estimated investment in expanding the country’s power generation capacity is US$ 119.4 billion until the end of the decade, according to a government survey.
The rate of growth concerns the first three months of 2011 compared with the last quarter of 2010. The expansion was driven by the agricultural sector.
Plano Brasil sem Miséria (Poverty-Free Brazil Plan) was launched this Thursday by the Brazilian government. It provides for 16 people to be rescued from abject poverty by 2014.
Ruling of the Foreign Trade Chamber covers computer items, telecommunications items, capital goods and vaccines.
