Brasília – Foreign direct investment (FDI), i.e. funds invested in the country’s productive sector, has been significant in Brazil, according to an assessment given this Thursday (22nd) by the Central Bank president Alexandre Tombini at a public hearing at the House of Representatives.
Tombini said FDI reached US$ 66 billion in the 12-month ended October. Last month, FDI stood at US$ 7.7 billion. According to Tombini, Brazil is the fourth leading FDI target in the world, after Europe, China and the United States.
*Translated by Gabriel Pomerancblum
