Arab Today, arab today oecd revises brazilian growth forecast down to 03
Last Updated : GMT 13:23:05
Arab Today, arab today
Arab Today, arab today

OECD revises Brazilian growth forecast down to 0.3%

Arab Today, arab today

Arab Today, arab today OECD revises Brazilian growth forecast down to 0.3%

Brazil's Central Bank
Rio De Janeiro - XINHUA

Brazil will experience "a modest rebound" of only 0.3 percent this year, the Organization for Economic Cooperation and Development (OECD) predicted on Monday.
The new figure is down from OECD's prediction of 1.8 percent in May. According to the agency, Brazil is expected to see a 1.4-percent growth in 2015.
The agency's adjusted figures concurred with a market survey published Monday by Brazil's Central Bank, which downgraded last week's 0.48-percent growth forecast to 0.33 percent, but maintained next year's projected growth rate of 1.1 percent.
After reaching a 7.5-percent growth in 2010, Brazil's economy plunged to 2.7 percent in 2011, 1.0 percent in 2012 and 2.3 percent in 2013.
Official figures showed economic growth consecutively contracted in the first two quarters, signifying Brazil has entered a "technical recession."
However, a central bank report showed that Brazil's economic activity index, considered as an indicator of gross domestic product (GDP) growth, grew 1.5 percent in July compared with the month before.
At an economic forum in Sao Paulo on Monday, Brazilian Finance Minister Guido Mantega reaffirmed that the country's economy is ready to resume growth, citing the rising income, falling unemployment, the increasing availability of credit, a stable exchange rate and extensive foreign currency reserves.
Brazil should see much better performance in the second half of 2014 than it did in the first, especially as the global outlook shows signs of improvement, he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oecd revises brazilian growth forecast down to 03 Arab Today, arab today oecd revises brazilian growth forecast down to 03

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oecd revises brazilian growth forecast down to 03 Arab Today, arab today oecd revises brazilian growth forecast down to 03

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran blocks all Iraqi Kurdistan flights

GMT 13:07 2017 Monday ,25 September

Iran blocks all Iraqi Kurdistan flights
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday