The Brazilian Central Bank said expenditure by citizens during trips to other countries came out to USD 1.716 billion in September and to USD 14.145 billion year-to-date.
Author: Agência Brasil
The Brazilian state-run oil company will restructure its oil exploration, production and refining operations, as well as its natural gas operations, which will lead to cost-cutting.
The outcome of a partnership between Brazil’s Postal and Federal Revenue services, the My Imports system enables tax payments and other proceedings to be carried out online.
A decree was published this Wednesday (25) in Brazil’s Federal Official Gazette stating that concessions for 13 airports might be awarded to private sector players.
The index measured by Fundação Getulio Vargas increased 1.9 point in October’s preliminary results. If this result holds, it will be the highest level since April 2014, with 94.7 points.
Brazil’s combined internal-external debt was up 0.79% in September to BRL 3.43 trillion (USD 1.07 trillion), up from BRL 3.04 trillion (USD 1.065 trillion) in August.
It occurred for the second consecutive month in September, when redemptions surpassed purchases of bonds in USD 486.6 million.
Taxpayer debt restructuring with the Union and the fuel tax hike drove revenues up 8.66% over the same month of last year.
In Brazil, the company produced in September 2.8% more oil and 2% more natural gas than in August.
The forecast predicting an increase in retail sales was done by the São Paulo Commercial Association. It doesn’t include vehicles and construction material.
Robson Braga de Andrade, president of the National Confederation of Industry (CNI), said that it’s a favorable moment for Arab investments in Brazilian industry.
The Brazilian-led MINUSTAH, which began in 2004, is now being replaced with an effort to build stronger institutions in the country.
The inflation rate estimate from Brazilian financial market players moved up from 2.98% to 3%, with the GDP growth projection going from 0.70% to 0.72%.
Ilan Goldfajn said while speaking in Washington, DC that he believes inflation and interest rates will remain subdued in Brazil.
