The difference between the Brazilian inflow and outflow of dollars totalled US$ 2.152 billion up to December 24th. The performance was boosted mainly by financial transactions.
Author: Agência Brasil
Funds saved by the Government of Brazil for debt interest payment reached US$ 7.3 bn this month, against US$ 7.9 bn in October. This year, the country accumulates a nominal deficit of US$ 52 billion.
According to an FGV research, in December the confidence index reached its highest level since July 2008. In January 2009, it had dropped to the second lowest level in history.
Up to 2011, the state should be producing enough energy to supply a city of 200,000 inhabitants. The wind farm will include 15 towers with heights of 145 metres and should produce 30 MW of energy.
The volume of credit operations reached some US$ 805 billion in late November, an increase of 1.5% in comparison with October and 15% over the last 12 months.
The expectation is by the Brazilian Foreign Trade Association, which also forecasts an increase of 24% in imports and a reduction of 49% in the trade balance surplus.
The forecasted growth for the Brazilian GDP has been expanded from 5% to 5.08%. The percentage of industrial production rose from 7.11% to 8%. The estimates are in the Focus bulletin.
The greater Brazilian consumption in 2010 considers growth of 0.5% this year and 6% next year.
The Brazilian trade balance surplus totalled US$ 23.7 billion in the year-to-date through the third week of December. The figure represents 1% growth over the same period of last year.
Brazilian president Luiz Inácio Lula da Silva made an assessment of the Climate Conference this Monday. He stated that the meeting managed to solve part of the problem, but criticized the US’ stance.
The funds should be added to the US$ 2.7 billion budget of the Merchant Marine Fund for 2010. They should be used to finance 161 projects in the area.
A Merchant Marine Fund has approved financing for Transpetro, a subsidiary of the Brazilian oil company for the transport sector. The fleet expansion program forecasts construction of 49 vessels.
The increase was recorded in fields operated by state-owned oil company Petrobras in the past 12 months. Average daily oil and gas extraction in November was 2.31 million barrels.
The information was culled from a survey of the National Confederation of Transport (CNT). The funds would be allocated to improving the grid and eliminating bottlenecks.
