On April 14th, economist José Roberto Mendonça de Barros will talk about the economic scenario of the country, including exchange rate issues, foreign trade and commodities’ prices. Registrations are open.
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The North American currency registered a depreciation of 2% this Friday (20th), after a week of instability in the financial market.
A mission from the Fund visited the Arab country and gave a positive assessment of the local economy. The loan is still pending approval from the IMF Executive Board.
The Brazilian state-owned institution granted loans worth a combined US$ 57.7 billion last year, a decline of slightly over 1% from the total amount in 2013.
Brazilian delegation that will attend the World Social Forum next week will include officials from the government, such as minister Ideli Salvati, and from the black, women’s, students and union movements, among others.
The organization has revised its estimates for ten countries plus the Eurozone. The only country with a negative growth forecast is Brazil.
Dollar inflow to Brazil overcame outflow in US$ 2.229 billion until the 13th, according to the Brazilian Central Bank.
Watch in this episode: ‘The Arabs and the 25th of March Street’ film contest; plunging stock markets in the Gulf; a exhibition by artist Mona Hatoum; and more.
The cash will be spent on a project to be built around Tunis, the capital. A US$ 29.75 million loan will be made with repayment due in 20 years.
New bidding rounds could take place in the second half of this year, says the Brazilian minister of Planning, Budget and Management, Nelson Barbosa.
Credit taken by Brazilian companies went up 5.8% from January to February and 5.6% year-to-date. Micro and small businesses were the ones driving up the demand.
The three-day event promoted by the government had as its goal to show the economic potential of the country and attract interests of investors.
In the second week of March, Brazil posted a US$ 24 million trade deficit. Year-to-date, the deficit reached US$ 6.089 billion, according to data from the Brazilian Ministry of Development, Industry and Foreign Trade.
As per a Central Bank poll of financial institutions, the economy is expected to contract by 0.78% in 2015. The inflation rate estimate is also higher than previously expected.
