Deficit at public accounts was lower than a year ago, when it reached USD 3.6 billion.
Author: Agência Brasil
Financial institutions expects the Selic to be reduced by 0.25 percentual point in the Copom meeting this week.
The foreign ministers of the bloc composed of Brazil, Russia, India, China and South Africa convened in Rio de Janeiro. They called out for increased representation of emerging countries with international organizations.
The first half saw 17.2 million tons of raw steel manufactured, down 1.4% year-on-year. Exports were down 2.4%.
Loans made by Brazil’s state-run BNDES amounted to USD 25 billion in H1. Consultations and approvals declined even more.
Country received USD 2.19 billion, down 68% from a year ago. Amount was not enough to cover current account deficit of USD 2.91 billion in the month.
Expenditure during international trips was up 2.44% year-on-year to USD 1.5 billion.
Brazil saw 48,400 posts created in June, as per data from CAGED.
Brazil’s Federal Revenue has changed its stance on charges formerly applicable to entry of funds stemming from foreign salese, as per this Wednesday (24)’s Federal Gazette.
Oil company approved the sale of 30% of the subsidiary’s capital stock.
Federal revenue reached almost USD 32 billion in the month, up 4.7% from a year ago, when the truckers’ strike impaired collection.
After sliding for 20 straight weeks, the 2019 economic growth projection from respondents of a Brazilian Central Bank poll edged up to 0.82%, up from 0.81% as of last week.
The Industrialist Confidence Index climbed 0.5 percentage point in July, to 57.4 points, however perception of the current economic scenario remains negative.
The goal is to develop technologies in the sector, as well as irrigation, and water distribution and reuse.
