Clipping of news on Brazilian Culture, Law and Citizenship
02/12/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Kelly Oliveira
Brazil Agency reporter
Brasilia - Financial institutions consulted by the Central Bank ( BC ) built for the sixth straight week , the forecast for economic growth this year . According to research from BC , the estimate for the expansion of Gross Domestic Product ( GDP ) follows at 2.5 % . In 2014 there was a slight adjustment of 2.10 % to 2.11% .
The estimate of financial institutions to the expansion of industrial production fell from 1.70% to 1.69 % this year , and follows by 2.5% in 2014 .
The projection of financial institutions to the ratio of net public sector debt to GDP has been revised from 34.55% to 34.60% this year and 34.60% to 34.50 % , next year .
The prediction of financial institutions to the negative current account balance ( record of transactions of purchase and sale of goods and services in Brazil and foreign countries) rose from US$ 79.6 billion to US$ 79.85 billion this year , and of US$ 71.5 billion to US$ 71.8 billion in 2014 .
The estimate for the trade surplus fell from US$ 1.4 billion to US$ 1.3 billion this year and US$ 8.1 billion to US$ 7.85 billion .
The expectation for foreign direct investment (funds to the productive sector of the country ) was maintained at $ 60 billion for both 2013 and for the next year.
The forecast for the dollar remains at R$ 2.30, at the end of this year , and R$ 2.40, at the end of 2014.
Source : Agencia Brazil
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This article was translated by an automatic translation system, and was therefore not reviewed by people.