The money should be made available by 2011. The volume of credit for the federal government has been reduced and the credit for state governments has been expanded. A large share of the funds should go to investment in infrastructure and reduction of social inequality.
Browsing: Economy
The midwestern Brazilian state of Mato Grosso do Sul was the Brazilian state whose exports to the League of Arab States grew most in the first quarter of this year. Sales rose from US$ 16 million, from January to March 2007, to US$ 45 million this year. The state sold to 11 countries in the region.
The new company, to produce Philadelphia branded cheese in Curitiba, in the state of Paraná (S Brazil), is the result of investment of 30 million Brazilian reals (US$ 17.8 million). Revenues in the first year of activities are expected to reach 40 million reals (US$ 23.7 million).
Trade totalled 248,900 cars and light commercial vehicles in the country in April this year. The volume is a monthly record. In the first quarter of the year, sales totalled 866,400 units, up 35.61%. Sales of vehicles in general, from motorbikes to road equipment reached 1.54 million units.
Trade totalled 248,900 cars and light commercial vehicles in the country in April this year. The volume is a monthly record. In the first quarter of the year, sales totalled 866,400 units, up 35.61%. Sales of vehicles in general, from motorbikes to road equipment reached 1.54 million units.
The company, the Brazilian leader in the flat steel sector, had net income of 3.6 billion Brazilian reals (US$ 2.1 billion) between January and March this year. Growth was 7% as against the same months in 2007. The performance in the domestic market boosted sales. There was a reduction in exports.
Article ‘The food that sprouts in the drought’, by Isaura Daniel, is one of the three finalists in the Internet category of the journalism award. This is the third time that the agency is one of the finalists of the award. In 2007, it won with article ‘The race for the perfect chicken’.
Foreign sales of industrial producers from the southern Brazilian state of Rio Grande do Sul reached US$ 3.19 billion in the first quarter of this year, with growth well above the national average, 12%. The sector that presented the best performance abroad in the period was food and beverages.
Agência Brasil* Brasília – The Brazilian balance of trade posted a negative balance once again. According to figures disclosed today (28th) by the Brazilian Ministry of Development, Industry and Foreign Trade, during the fourth week of April, between the 21st and 27th, Brazilian imports surpassed exports by US$ 88 million. It was the fourth week
Micro and small companies in the state of Rio de Janeiro posted revenues of 4.4 billion in the month of February. There was real growth of 8.6% over the same month in 2007, according to the Brazilian Micro and Small Business Support Service. The service sector generated the greatest growth.
Sales to the Middle East and North Africa reached US$ 196.2 million in the first quarter. The increase was greater than that of total Paraná state exports, which grew 28% in the period.
The construction company has four contracts with the government of the North African Arab country and is managing enterprises in the area of water supply, sewage, draining, public lighting, telephony, road building and urbanism. It is one more Brazilian construction company in operation in the Arab country.
