The Arab country in Africa has progressed economically, stated the IMF. The Fund disbursed USD 23.5 million to Mauritania as part of an agreement.
Author: From the Newsroom
Non-nationals working in the country wired 17.3% more cash to their home countries in the first three months of this year.
Purchases declined by 10.1% in the four months through April, industry association Abiquim said. Imports also slid.
The Immigration Museum will have cuisine, dance, music and handcraft of over 50 nationalities on June 3, 9 and 10.
Survey shows that climbed from 25% to 34% the percentage of Brazilian micro and small business owners willing to invest in the next six months. The purchase of machinery is among the priorities.
A report from the international organization on the country stresses the need for reforms to enable medium-term growth. The IMF, however, sees Brazil resilient against external shocks.
Purchases were done in Q1, according to a survey by KMPG. Mergers and acquisitions increased 15% in the period in the country.
Brazil is going through the fourth day of a truckers’ strike, which has been impacting foreign sales, since meat cargos have been having difficulties to reach the ports. Per day, exports have declined by nearly 1,200 containers.
So said the Brazilian foreign minister Aloysio Nunes. He also said he is ready to sign a Brazil-Morocco Cooperation and Trade Facilitation Agreement.
An IMF staff mission traveled to the Arab country and advised the government not to increase spending on the back of the oil price hike, as well as meet fiscal targets.
The Arab country’s Ministry of Oil is seeking to attract investors for the construction of the plant, planned for a capacity of 70,000 barrels per day.
The announcement was made this Tuesday (22) after a meeting between the president of the New Development Bank (NDB) with the Brazilian FM in Shanghai. The office will open until the end of the year.
Rudy El Azzi took the post of Lebanon’s general consul in São Paulo in April and met with members of the Arab Chamber’s board of directors this Tuesday.
Exports reached USD 5.2 billion and imports came out to USD 3.3 billion in the third week of May in Brazil. Month-to-date, there was a USD 5 billion surplus.
