Agência Brasil*
Brasília – The entry of foreign direct investment in the country (funds turned to the productive area of the economy and that generate jobs) registered the largest result for January since the beginning of the Brazilian Central Bank (BC) series, in 1947, reaching US$ 4.814 billion. "It is good quality capital, which comes to add itself to domestic investment to generate jobs, more dynamic for the country," stated Altamir Lopes, head of the Economic Department at the BC.
According to him, the expectation is for foreign investment to continue entering the country, except for this month, when the total should reach just US$ 200 million. "This reflects a very strong concentration of return on investment. We have had basically three operations answering to around US$ 1 billion each. This concentration of return, mainly in the sectors of food and trade, caused this result not to be so expressive."
The BC forecast is for foreign direct investment this year to reach US$ 28 billion. These figures are rechecked every three months and may change by the end of the year. "Our expectation is that this figure should probably be reached," said Lopes.
*Translated by Mark Ament