Number of visitors reached 532,000 last month. Remittances of Jordanian expatriates surpassed USD 2.5 billion in H1.
Browsing: macroeconomy
Monetary Policy Committee minute says that indicators available suggest a significant chance that the Gross Domestic Product (GDP) have undergone a slight year-on-year reduction in the first quarter.’
Ricardo Amorim, host of Manhattan Connection, gave a lecture to Arab Brazilian Chamber associates this Thursday. He has good expectations regarding foreign investments and Brazilian economic growth.
According to the institution, global economic growth will reduce from the 3% of last year to 2.9% this year. Brazil may grow 2.2% if reforms are passed.
The organization expects the country’s GDP to grow 2.1% in 2019. Forecasts from May and from a year ago indicated growth of 2.8% and 2.5%, respectively. Forecast for the global economy was also slashed.
The country’s economy grew year-to-date through September of this year.
The Fund expects the country’s economy to grow 1.4% this year. Forecast was revised down in 0.4 percentage point over July’s estimate.
The expansion was registered in comparison to January from March of this year. Over Q2 2017, there was a 1% expansion.
The Fund believe that the country’s economy will pick up in 2018 and 2019 after a downturn in 2017.
The International Monetary Fund issued a report this Monday (16) with a revised 2018 Brazilian economic growth forecast, down from 2.3% to 1.8%.
