Fund injection into the bank by Treasury was confirmed today by the minister of Finance, Guido Mantega. The capital is going to fund projects for gas, oil, electric power, machinery and equipment.
Author: Agência Brasil
According to the Brazilian Institute for Geography and Statistics (IBGE), the percentage of unemployed persons in 2008 was 7.9%, the lowest since 2002.’
The main goal is increasing the share of Brazilian shoes in the global market, expanding the exporter base and opening up new target markets.
Barack Obama’s administration has already shown interest in environmental issues. His campaign commitments included sustainable development and implementation of clean energy technologies.
In the third week of January, exports from Brazil totalled US$ 2.276 billion and imports, US$ 2.654 billion, resulting in a deficit of US$ 378 million. Bilateral trade totalled US$ 4.930 billion.
The disbursements should be made this year, according to the head of the Energy Department at the Brazilian Development Bank, Nelson Siffert. Projects in northern Brazil are included.
The organisation believes that the GDP of Brazil should expand 2.9% in 2009, against a global average of 1%. The government forecast is for growth of 4%.
Of the 5,563 cities in the country, 2,335 sold aboard last year. Cities in the states of São Paulo, Rio de Janeiro, Paraná, Pará and Minas Gerais are among the ten main exporters.
The objective of the Inova Brasil program is to expand research and development activities in the country. It is turned to companies of all sizes and offers financing of US$ 430,000 to US$ 43 million.
By 2012, the country plans to produce enough to supply Angra I nuclear power plant and 20% of Angra II demand, resulting in annual economy of US$ 25 million. Nine nations can enrich uranium.
The Brazilian state-owned oil company attained record high foreign sales of oil during the month. Sales totalled 19.2 million barrels, the equivalent to US$ 574 million.
A survey conducted by the organisation among 30 countries shows that the Brazilian economy was the least affected in the second half of 2008. Russia was the worst performing country during the period.
Over 13,000 producers participate in Ministry of Agriculture programs in the area. Exports totalled US$ 12 million in 2007 and it is estimated that in 2008 that value should be exceeded.
Telecommunications company resulting from purchase of Brasil Telecom by Oi aims to expand its customer base from 53 million to 110 million, being 30 million abroad.
