Forex flow in Brazil was positive in May, with inflows exceeding outflows by USD 346 million.
Browsing: Economy
External food trade operations to consume during the month of the Islamic calendar weighted 1.5 million tons in Q1.
Total output was 3.314 million barrels of oil equivalent, a 1.7% increase over March and 0.3% year-over-year.
IMF report shows positive shows positive figures on the Arab country, such as a 2.6% GDP growth projection this year, against 2018 2.2%. Qatar achieved fiscal consolidation, despite lower oil prices, according to the fund.
The month-on-month hike came after a 1.4% drop in March from February as per a Brazilian Institute of Geography and Statistics (IBGE) survey.
Brazil ran a USD 6.4 billion surplus in May, the result of USD 21.4 billion in exports and USD 15 billion in imports.
As per the Brazilian Central Bank’s Focus Bulletin, Brazil’s economy could see 1.13% growth this year.
The Arab country is set to allow foreign companies to own 100% of oil and natural gas extraction projects, following an order issued by the prime minister.
Nine enterprises were authorized to supply energy to Boa Vista and other cities in the Brazilian state during auction this Friday (31).
Months is marked by seasonal revenues, such as income tax and oil royalties, which caused Brazilian public accounts to see a positive balance.
After hikes in Q3 and Q4 2018, Brazil’s economy shrank according to IBGE. These numbers are official.
Arab country is the main jeans supplier for the Italian market and the fourth for the French.
Petrobras now extracts almost 2 million barrels of oil equivalent a day in the region’s ultra-deep waters.
Foreign sales reached over USD 1 billion. It is the first time that mark is surpassed in 63 months.
