The pre-budget statement made public by the minister of Finance works with an estimated 10% drop in revenue in 2020 from 2019. A wider deficit is expected.
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This was the best consolidated public finances result for a September in four years.
Brazilian aircraft manufacturer delivered 17 commercial and 27 business jets in Q3 2019. Firm order backlog was USD 16.2 billion in late September.
Central Bank’ Focus Readout reported.
The Brazilian state-run oil company’s Institutional Relations director Roberto Ardenghy, who joined a seminar concurrent with president Jair Bolsonaro’s trip to the UAE, also said the company is looking for partners to bid in tenders with.
Brazilian mining company posted a gain of USD 1.6 billion in Q3 2019, reversing its loss in Q2.
The Egyptian pound strengthened against the US dollar on Thursday (24), trading at 16.10 against the greenback, up 9.85% year-to-date, which was boosted by higher foreign exchange inflows.
Do-your-homework-type advice regarding infrastructure, sustainability and reforms set the tone during Brazil Summit, a conference hosted by British magazine The Economist this Thursday in São Paulo.
IMF projects a growth at 6% for the Arab country in Africa this year, up from 5.5% in 2018. Strategies of positioning it as a trade and logistics hub has helped improve local economy.
The deficit in goods and services trade and income transfers in September was far wider than a year ago.
Brazilians spent USD 1.3 billion during international trips in September, the highest value for the month since 2017.
Brazil’s Ministry of Environment joined the Brazilian pavilion at energy industry show Wetex. Concessions for six parks are expected to be awarded by the end of next year.
Revenue from foreign sales came out to USD 9.3 billion year-to-date through September.
Data from credit bureau Serasa Experian shows 284,000 companies were started in August in Brazil, up from July and from August 2018.
