The report presented by senator Serys Slhessarenko establishes the value to be invested by the government of Brazil and state-owned companies in 2011. Total spending should reach US$ 1.2 trillion.
Author: Agência Brasil
In the third week of the month, exports reached US$ 4.309 billion and imports, US$ 3.979 billion. The accumulated result in the year was US$ 1.776 billion.
Finance market analysts approached by the Central Bank of Brazil estimate economic growth of 7.61% for the country’s economy in 2010.
Consultancy firm Serasa Experian pointed out that 85% of Brazilian entrepreneurs, out of 1,015 interviewees, hope for greater earnings in the first quarter next year.
The positive result is a consequence of people hired and dismissed from January until November. Last month, Rio de Janeiro was the state that had the most new jobs.
Petrobras should end the year with between US$ 15 billion and US$ 16 billion in funds raised in several operations with national and international banks.
In the second week this month, exports reached US$ 4.602 billion and imports, US$ 3.736 billion. From January until last week, exports totalled US$ 188.269 billion.
The estimate of financial market analysts for growth of the Brazilian economy in 2010 has risen from 7.54% to 7.61%. For 2011, the projection of analysts for expansion of GDP remains at 4.5%.
In Brazil, the sector should end the year with over US$ 130 billion in revenues. Imports may exceed US$ 25 billion.
The municipality of São Paulo remained the leading generator of industrial wealth in Brazil in 2008, according to a Statistics Institute survey. However, the city’s share dropped compared with 2004.
The crop in 2010/2011 should drop 0.1% as against the previous one, according to the Conab. The forecast is for cultivation to take place on 48 million hectares, growth of 1.3% over the previous crop.
The sector was the only one that grew as against the previous three months. In comparison with the same period in 2009, however, there was also expansion in industry and agriculture.
Brazilian industrial production grew in four of the 14 Brazilian states researched by the IBGE. The highlights were Bahia, with growth of 5.4%, and Espírito Santo, where production grew 3.8%.
In November, 321,100 vehicles were manufactured, representing growth of 10% over the same month last year. So far this year, exports have risen by 58.1%.
