The bank disbursed US$ 4.3 billion in credit for the area over the last 12 months, an increase of 106% over the previous year. In the whole of 2008, disbursements should total US$ 4.7 billion.
Browsing: Economy
Information was disclosed in a survey published today by the Getulio Vargas Foundation.
Brasília – The Brazilian Central Bank is expecting greater economic growth this year. According to the Quarterly Inflation Report, disclosed today (29th) by the organisation, the projection of increase for the Gross Domestic Product (GDP), which is the sum of all goods and services produced in the country, has risen to 5%. The rate is
The total reached 1.11 trillion reals in August, 38% of the Brazilian Gross Domestic Product, the largest in history. There was, however, reduction of financing to natural people as against July.
The reservoir is located above the salt layer, in the coast of the state of São Paulo, at little over 2,000 metres deep. The state-owned company estimates reserves of 150 million barrels in the area.
The Brazilian state-owned oil company finished drilling Jupiter well, in Santos Basin, on the coast of Rio de Janeiro, and confirmed the existence of large reserves at a depth of 5,800 metres.
During that period, the site has been visited by almost 7 million people; the agency won eight journalism awards, and was a finalist in another five.
The region received US$ 71 billion in foreign direct investment in 2007. According to the Unctad, it was the fifth year of expansion. The bulk went to telecommunications and financial services.
The previous target, fixed in July this year, was US$ 190 billion. This expansion represents growth of 25.7% over last year.
The figure was supplied by the Central Bank and concerns the period from September 01st to 23rd. Expenditures by foreigners in Brazil reached US$ 320 million during the same period.
Inflow of foreign funds reached US$ 5.2 up until today, as against US$ 4.6 billion in August. Sectors that have attracted the most capital are vehicles, metallurgy and finance.
This is shown in the National Survey by Household Sampling, disclosed yesterday by the Ipea. According to the study, between 2001 and last year, 13.8 million people changed social class.
This statement was made by the governor of the Brazilian Central Bank, Henrique Meirelles, who guaranteed, in São Paulo, that the country is prepared and can face the current North American crisis.
