The five biggest corporations run by Brazil’s federal government ran close to USD 18 billion in profit last year. Petrobras saw the strongest numbers.
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Negative balance in March, however, was smaller than in March 2018.
IMF released its economic outlooks of the Middle East, North Africa, Afghanistan, and Pakistan. The fund asks for reforms that lead to growth so that it may be possible to create jobs amid a slowing global economy, volatile oil prices, and uncertainty around trade tensions.
Financial market revised down for the ninth time in a row their projections for Brazilian economy growth in 2019.
Brazil’s internal and external debt increased in March over February.
Sales of pearls, precious stones and precious metals came out to AED 1.72 billion in January, according to the Statistics Centre.
The deficit slid to USD 494 million, from USD 666 million in March 2018.
Index measured by Fundação Getulio Vargas dropped by 1.5 point in April over March because of the disappointment with the slow economic upturn.
Federal government collected USD 28 billion last month, a 0.58% drop over March last year.
Emirati telecommunication company reached a 5% increase in its net profits on the first quarter this year.
The forecast includes government investment, an upswing in the economies of partner countries, and the lead-up to Expo 2020. The emirate saw 1.9% growth last year.
January and February saw USD 38 million worth of product shipped from the Arab country, up 26.6% from a year ago.
The estimate of the Brazilian economy growth this year was reduced for the eighth time in a row.
Index that calculates prices of products leaving the factories changed in February over January.
