The announcement was made on Thursday (11), by the International Monetary Fund (IMF). The tranche is part of a US$ 2.06 billion loan. The loan will be made in nine tranches.
Author: From the Newsroom
The Brazilian maker of neonatal equipment should supply at least 70 products to a hospital slated for inauguration in Cairo this month.
A partnership between Brazil’s Agricultural Corporation, Fundação Eliseu Alves and Calderon Consulting should enable implementation of plants to make organomineral fertilizers, made from poultry and swine residue.
The Gulf country should transfer the funds through deposits and purchase of country bonds. Other loans had already been announced.
The tax on methanol has been lifted and the tax on lactose powder, silicone gel, and aluminium cans for capacitors has been reduced to 2%.
Brazil’s balance of trade showed a US$ 311 million surplus last week. Year-to-date, however, the country is running a US$ 4.845 billion trade deficit.
Passenger revenues were up 19% to US$ 900 million. The Abu Dhabi airline will start flying to Brazil in June.
Brazil shipped 330,000 60-kilogram bags to the region in quarter one. Lower prices, however, caused revenues to drop by 3.65% to US$ 55.4 million.
The first International Medical Tourism Exhibition and Conference should take place starting on Monday, in Muscat. The event should bring together over 50 hospitals and medical centres from several countries.
The airline of Dubai should make available US$ 150,000 for initiatives for conservation of the environment around the world. The programs should have an impact on countries served by the company. Enrolment ends on April 25th.
The Union of Arab Banks claims that deposit and loan portfolios should reach US$ 3 trillion this year, up US$ 400 billion from 2012.
Net cash inflow into savings accounts stood at R$ 5.96 bn (US$ 2.94 bn) in March in Brazil, the highest-ever result for the month and the highest so far this year, according to the Brazilian Central Bank.
Sales reached 284,000 vehicles in Brazil in March, as against 235,000 in February. In comparison to March last year, however, there was a 5.5% drop.
Revenues from Brazilian exports to countries in the region amounted to US$ 2.2 billion in January and February. Imports stood at US$ 1.46 billion, up 20%.
