A federal government ruling sets 17.5% rates for Income Tax and fines on sums wired overseas irregularly by Brazilians.
Browsing: Economy
The Brazilian balance of trade showed a US$ 544 million surplus last week. Average daily exports and imports increased over August, but declined over September 2014.
According to estimation of financial institutions, Brazil’s GDP should shrink 2.44% in 2015 and 0.5% in 2016. Survey is done weekly by the Brazilian Central Bank and estimations worsened.
The decline took place in August from a year ago. In August from July of this year, foreign sales of motorcycles increased by 9%.
Manufacturing of cars, light commercial vehicles, trucks and buses dropped last month over August 2014, according to the sector’s association balance sheet.
Number of outlets serving food and selling meats produced following Islamic guidelines grew from ten to 20 over a five-year period in the country, the certifier organization Islamic Center in Brazil has reported.
In Brazil, the Italian processor buys from small to large quantities from suppliers. In the other countries, the minimum established is a container. Family growers want to export.
The state-owned organization disbursed R$ 68.7 billion (US$ 18.4 billion) in the first half of the year. The bulk of the funds went to infrastructure.
Nelson Barbosa, minister of Planning, said the country needs to reach for this target. However, the 2016 draft budget forecasts a primary deficit of 0.5%.
The country produced 2.46 million barrels per day in July, an increase of 8.8% in comparison to the same month of 2014. Natural gas production registered a increase of 8.5% in the same comparison.
The country’s manufacturers of vehicles, trailers and truck bodies registered an output decline from January to July of this year, according to institute of statistics.
Use of energy dropped 2.9% in Brazil over the same month of 2014, according to survey by Energy Research Company. The first seven months of the year showed less of a decline.
Exports and imports from Brazil both shrank in August, but the difference between the former and the latter grew 132% to US$ 2.7 billion.
In a report on Palestine, the UN agency says that until 2020 life on the territory will be impossible in case the current economic trend persists.
