The industry grossed BRL 6.75 billion, down 12% year-on-year, and exports are also on their way down.
Browsing: Economy
Such is the amount available for Brazilian federal companies to invest during the rest of 2019.
The increment was driven by non-oil sectors including services, industry, public works and agriculture.
Deficit at public accounts was lower than a year ago, when it reached USD 3.6 billion.
Financial institutions expects the Selic to be reduced by 0.25 percentual point in the Copom meeting this week.
Executive Board published a report about the Arab country and forecasted non-oil GDP growth at 5.4% in 2019.
The first half saw 17.2 million tons of raw steel manufactured, down 1.4% year-on-year. Exports were down 2.4%.
Loans made by Brazil’s state-run BNDES amounted to USD 25 billion in H1. Consultations and approvals declined even more.
Country received USD 2.19 billion, down 68% from a year ago. Amount was not enough to cover current account deficit of USD 2.91 billion in the month.
The value of announced merger and acquisition deals in the MENA region increased to USD 115.5 billion in H1, up 221%. Highlight is Uber’s acquisition of Careem Networks.
Expenditure during international trips was up 2.44% year-on-year to USD 1.5 billion.
Brazil saw 48,400 posts created in June, as per data from CAGED.
Fund allowed Egypt to draw USD 2 billion, the fifth part of the USD 12 billion agreement signed in 2016. IMF acting managing director praised the reforms made by the country.
Brazil’s Federal Revenue has changed its stance on charges formerly applicable to entry of funds stemming from foreign salese, as per this Wednesday (24)’s Federal Gazette.
