{"id":54958,"date":"2016-08-23T16:55:00","date_gmt":"2016-08-23T18:55:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/current-account-deficit-the-lowest-since-2009-2\/"},"modified":"2019-06-30T12:51:34","modified_gmt":"2019-06-30T15:51:34","slug":"current-account-deficit-the-lowest-since-2009-2","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/current-account-deficit-the-lowest-since-2009-2\/","title":{"rendered":"Current account deficit the lowest since 2009"},"content":{"rendered":"<p>Bras&iacute;lia &#8211; An increase in exports, reduced importation, and lower overseas spending by Brazilian citizens drove the country&rsquo;s current account deficit to the lowest level for a July since 2009. The Brazilian Central Bank reported a USD 4.05 billion deficit during the month this Tuesday (23).<\/p>\n<p>But last month&rsquo;s deficit was up from USD 2.479 billion in June; April and May saw Brazil run current account surpluses. <\/p>\n<p>In the 12 months through July, the country ran a USD 27.9 billion current account deficit tantamount to 1.57% of Gross Domestic Product (GDP). The debt-to-GDP ratio is the lowest since November 2009. The Central Bank is forecasting a USD 16 billion deficit by the end of 2016, with the estimate due for revision in September. <\/p>\n<p>Foreign direct investment hit USD 33.894 billion year-to-date through July, down 8.2% from the comparable period in 2015, an amount that more than suffices to offset the deficit. The Central Bank&rsquo;s year-end FDI projection is USD 70 billion, down from USD 75.1 billion last year.<\/p>\n<p><strong>*With information from ANBA. Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil\u2019s deficit narrowed to USD 4 billion year-on-year last month, but the number is up from June\u2019s. April and May ended on surpluses.<\/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-54958","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"Brazil\u2019s deficit narrowed to USD 4 billion year-on-year last month, but the number is up from June\u2019s. April and May ended on surpluses.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/54958","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=54958"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/54958\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=54958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=54958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=54958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}