The estimate was announced by the prime-minister Ali Larayedh, whose term in office ends in January. In an address to the parliament, he said the GDP will grow more next year than in this one.
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The total amount sold was down 5%, according to a business association. Last year there was a 6% increase.
In 2013, apart from highway concessions, two airports in Brazil, Galeão and Cofins, were assigned for management by private consortia.
Sales from Brazil to the region stood at US$ 12.7 billion year-to-date through November. High domestic market prices are attracting exporting companies.
The Arab country’s Central Bank announced this week that US$ 100 million have been paid to the Qataris and US$ 200 million to the Turks. The loans were made in times of crisis.
Getúlio Vargas Foundation index shows consumers are less confident in the economy, at a below-average rate for the 10th straight month. Respondents said their financial status has worsened.
Federal Revenue will launch a system that enables importers to use mobile phones or tablets to determine the whereabouts of purchased products.
According to the International Monetary Fund (IMF), the country has managed to lower its current account deficit, grow, and control inflation, despite regional instability.
Net FDI inflow in Brazil stood at US$ 8.334 billion, a monthly record. The full-year forecast is US$ 63 billion, which will not suffice to offset the current account deficit.
Spending in other countries reached an all-time high in November. However, according to the head of the Central Bank’s Economic Department, there are signs of moderate consumption.
As per projections from Brazil’s Foreign Trade Association, the country will post US$ 239 billion in revenues from foreign sales next year, down 0.4% from this year.
The Brazilian Development Bank (BNDES) will supply the funds to the terminals Guarulhos, in São Paulo, and Brasília, and will be used for funding works and paying past loans.
The winning company will manage an 800-plus kilometre highway stretch in Brazil’s Mato Grosso do Sul state, through which grain is transported to the country’s main ports.
Qatar Airways passengers staying in the country for up to one month will be able to request their visa online.
