Arab Today, arab today brazil could have zero growth in q3
Last Updated : GMT 13:22:57
Arab Today, arab today
Arab Today, arab today

Brazil could have zero growth in Q3

Arab Today, arab today

Arab Today, arab today Brazil could have zero growth in Q3

Brasilia - AFP

Brazil's economic growth could be zero in the third quarter, the deputy finance minister said Tuesday. "We must have slower growth in the third quarter, which could be zero" when compared with the previous three months, Nelson Barbosa told reporters. Official GDP figures for the third quarter will be released in December. In the second quarter, GDP rose 0.8 percent compared with the previous one. Barbosa, meanwhile, said the government expects the GDP to reach between four and five percent next year, higher than market forecasts of 3.5 percent. He said an increase in the minimum wage, tax rebates, industry incentives as well a cut in interest rates should help revive the economy next year. Separately, the Central Bank said Tuesday that the country attracted $56 billion (41 billion euros) in direct foreign investment in the first 10 months of this year, exceeding the record set in 2010. Last year, the country pulled in $48.4 billion. In October, Brazil received $5.5 billion in direct investment, which remained strong despite the domestic economic slowdown and the international crisis. The current account deficit reached $39.09 billion between January and October, a figure virtually unchanged from the same period last year and equivalent to 1.9 percent of GDP. The Central Bank said in October the country's foreign exchange reserves totaled $352.9 billion, up $3.2 billion from the previous month while its foreign debt amounted to $297.6 billion, unchanged from September.

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 brazil could have zero growth in q3 Arab Today, arab today brazil could have zero growth in q3

 



Arab Today, arab today

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 brazil could have zero growth in q3 Arab Today, arab today brazil could have zero growth in q3

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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