The comparison, by the Central Bank of Brazil, is between April this year and the same month in 2009. The figure is used in the formulation of interest policies.
Author: Agência Brasil
The funds, allocated to the productive sector of the economy, totalled US$ 3.5 billion, a figure higher than the Brazilian Central Bank’s projection, which was US$ 1.6 billion.
The negative balance is greater than that registered in the same period last year. In May alone, the result was over US$ 2 billion.
The Brazilian state-owned oil company’s 2010-2014 business plan provides for average investment of US$ 44.8 billion per year.
Brazilian exports totalled US$ 4.075 billion and imports, US$ 3.269 billion in the third week of the month.
The Brazilian economy’s rate of growth should be 7.06% this year, according to financial analysts’ projections. This is the 14th consecutive month of increase in the estimate.
In South Africa, the country has Casa Brasil, a facility for events and promotion of products such as coffee, wine, meat and software. Exports to the continent totalled US$ 8.7 billion in 2009.
The 2010/2011 Crop Plan for the sector was announced today by president Luiz Inácio Lula da Silva. The funds exceed the total for the previous program by US$ 559 million.
The statement was made by the Brazilian minister of Finance, Guido Mantega. According to him, the country will continue to grow, and will have its lowest unemployment ever in 2010.
Such is the total of dividends state-owned companies should pay to the government. Bank of Brazil, the Development and Federal Savings banks, the Post Office, Eletrobras and Petrobras account for 97%.
The outward flow of dollars from the country was greater than the inflow up to the 11th, according to the Central Bank. The deficit totals US$ 1.776 billion this month.
Brazil should have the world’s largest agricultural production by the next decade. That is the forecast of the Agricultural Outlook 2010- 2019 report, published Tuesday by the FAO and OECD.
The sector should grow more in the Arab countries over the next five years, according to a report by Pricewaterhouse Coopers. The study covers mainly digital medias.
The US$ 166 million deficit resulted from US$ 3.767 billion in exports and US$ 3.993 billion in imports.
