S\u00e3o Paulo \u2013 Loans made by the Brazilian Development Bank (BNDES, in the Portuguese acronym) reached 34.2 billion reals (US$ 16.5 billion) from January to April, up 1% compared with the same period of last year, according to figures issued by the bank this Thursday (14th). In April, loans reached 9.7 billion reals (US$ 4.7 billion), up 10% as against April 2011.<\/p>\n
From January to April, infrastructure projects, especially roads and electric power, accounted for the majority of loans, at 39%, followed by industry with 28%, trade and services, and agriculture. The industrial sector highlights were pulp and paper according to the bank. Micro, small and medium enterprises accounted 41% of disbursements.<\/p>\n
Regarding consultations \u2013 a measure of future investment, according to the institution \u2013, there was a 37% increase in the first four months of the year, up to 73.8 billion reals (US$ 35.6 billion). In April, consultations were up 36%.<\/p>\n
The increase in consultations in the first four months was driven by industry, up 71%, the highlight being oil and gas. Infrastructure industry consultations increased by 22% and those placed by agriculture, trade and services businesses were up 17%.<\/p>\n
The bank is expecting total disbursements for infrastructure to reach 60 billion reals (US$ 29 billion) this year. Overall loans are expected to reach 150 billion reals (US$ 72.5 billion), as against 139 billion reals (US$ 67.2 billion) last year.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The state-owned bank disbursed an amount equivalent to US$ 16.5 billion in the first four months of 2012. Infrastructure projects received the bulk of funds.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-41748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The state-owned bank disbursed an amount equivalent to US$ 16.5 billion in the first four months of 2012. Infrastructure projects received the bulk of funds.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/41748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=41748"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/41748\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=41748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=41748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=41748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}