The Arab country’s budget for the 2017/2018 fiscal year, which begins in July, will include a package for items such as food subsidy cards.
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Demand from consumers increased year-on-year in May in Brazil, credit bureau Serasa Experian reported.
Brazilian economy grew from February to April over the three-month period that ended in January, according to a survey conducted by Fundação Getulio Vargas.
From January to May, the deficit stood at USD 3.97 billion due to a significant increase of exports and a modest reduction in imports.
Taxes and contributions paid to the Brazilian federal government slid 0.9% year-on-year, but increased year-to-date through May from the year-ago period.
France’s PSA is also the owner of brand Citroën. The manufacturing is due for completion in 2019 and its production capacity will be 200,000 vehicles per year.
Mohamed El Moghraby toured this Monday afternoon the organization’s new headquarters, which opened at the end of April.
Brazil’s exports and imports balance had a surplus last week. Positive results were also registered in June and also year-to-date.
Financial institutions estimate that prices will be up 3.64% this year and the economy will see 0.4% growth.
The state-owned company produced, on average, 2.18 million daily barrels per day in Brazil in May.
Dairy companies exported USD 15 million worth of product to Arab nations from January to May this year. The region is the second biggest importer of Brazilian dairy products.
The first model designed and built in the Arab country will be exhibited during the 24 Hours of Le Mans, the traditional race that takes place this weekend in France.
The Brazilian Central Bank index signals that Brazil’s economic activity went up in April over March. In comparison to the same month of 2016, the increase was even sharper at 0.51%.
Rio de Janeiro’s Museum of Tomorrow will host a seminar on asylum and an exhibit on climate change-driven displacements. Many other events will happen starting this weekend, with the UNHCR as a partner.
