IMF technicians evaluate the economic situation and conclude that despite the growth in 2012, it is necessary to restructure the business environment, guarantee legal safety and balance the budget.
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Syphax Airlines, based in Sfax, Tunisia, is considering launching a direct route connecting the two countries. Arab Brazilian Chamber representatives paid a visit to the company’s headquarters.
According to Brazil’s Council of Coffee Exporters, the growth in shipments was 8% over February 2012. Revenues obtained in the period recorded a reduction of 19.6%.
The sector posted US$ million in revenues in 2012. The market comprises 2,426 brands and 104,543 units.
In January and February, 428,700 units were sold in Brazil, up 10% from the same period last year.
The Fund’s deputy managing director met with government officials to assess the economic scenario in the country, which was loaned US$ 2 billion in 2012.
In 2012 there was growth of 9.48% over the previous year. In the period, 92 million passengers travelled on domestic flights and 9 million on international ones.
A total of 222,000 units were sold in Brazil in February as against 297,000 in January, according to the National Federation of Motor Vehicle Distributors.
Mayor Fernando Haddad says that São Paulo is going to benefit from the event as new infrastructure will be developed for it in a needy area of the city. Dubai is also interested.
The organisation, alongside the African Development Bank and the World Bank, should help the country create a new public-private partnership law and a new investment code.
A research by the National Confederation of Industries shows that the participation of imported consumer goods was 21.6% last year.
Financial analysts have reduced their forecasts for growth of the Brazilian GDP in 2013, but they have increased it for next year.
Sales to the region grew in February as against the same month in 2012, while total Brazil sales abroad dropped 13%. Exports to Africa, another region with Arab nations, dropped 9.4%.
The aircraft maker should present its executive line at the Abu Dhabi Air Expo this week. Three aircraft will be shown.
