The Brazilian minister of Finance presented estimates for the country’s economic growth over the coming four years, the period of president Dilma Rousseff’s term in office.
Author: Agência Brasil
A World Bank survey concluded that global economic growth this year should be slow but more solid than in 2010. Developing countries should grow by 6%.
The funds were disbursed from 2005 to 2009, according to a survey by the Institute of Applied Economic Research and the Brazilian Cooperation Agency, linked to the Brazilian foreign ministry.
In the first week of the month, the flow of foreign exchange recorded a US$ 477 million surplus, whereas the flow of finance reached US$ 3.623 billion.
The volume of petrol traded in the last month of the year totalled 1.966 million cubic metres. This volume exceeds the previous record, for March 2010, by 50,000 cubic metres.
Gross revenues from production and sales of agricultural products should reach US$ 110 billion this year. If confirmed, the result will be 8.29% higher than in 2010.
In the first week of January, Brazilian exports reached US$ 2.781 billion, as against US$ 3.267 billion in imports.
Petrobras’ transport sector arm has invited 16 companies, five Brazilian and 11 foreign, for a tender. The company commissioned more than 40 vessels over the last few years.
The company announced the charter of two platforms to operate in Santos Basin, starting in 2014. Each one will have a capacity for production of 150,000 barrels of oil a day.
Sales in Brazil grew by 23.8% in 2010 and reached 68,500 units. The output increased by 34%.
Brazilian automakers have set the target of returning to pre-crisis levels in 2011.
Last year, the country traded 3.515 million vehicles, 11.9% more than in 2009. In December alone, cars licensed totalled 381,552, growth of 30.21% over November.
According to the fourth study in the 2010/2011 cycle, 149.416 million tonnes of grain should be picked, growth of 212,000 tonnes over the previous period.
The balance between the inflow and outflow of foreign currency was lower than in the previous year.
