|
Amazon Body Care |
|
|
Who's Online |
|
We have 204 guests online |
|
Statistics |
Members: 494
News: 11487
Web Links: 0
|
|
Related Items |
-
Old Age and Pension in Brazil and Other Countries
-
Brazil's GDP Growth on Target
-
Banks Upbeat about Brazil
-
IMF: 'High Primary Surpluses Still Crucial to Brazil'
-
Brazil Wants Rules Changed by IMF and Co.
-
Brazil: 'IMF & Co. Have to Change'
-
Lula: Despite Higher Primary Surplus Brazil Remains on Track
-
Brazil's Primary Account Surplus Well Above IMF Target
-
Brazil's Year Surplus Grows to US$ 22.1 Billion
-
Brazil's Good Image Brings Foreign Capital
-
Brazil's Debt to Lower to 55% of GDP
-
Brazil's Debt Falls US$ 2 Bi, Still US$ 329.7 Bi
-
Brazil Is Mad: 'We Pay the Bills. Why the High Premium Abroad?'
-
Brazil Wants Debt Relief from World for Investing in Education
-
Brazil's Foreign Debt Drops, But Still at US$ 169 Billion
-
Brazil Pays Off US$ 3 Billion of Foreign Debt
-
Brazil Pays Another US$ 4 Billion in Interest on Debt
-
Brazil's Plan: Default on Foreign Debt to Fund Education
-
Brazil Says in US It's Deserving of Investment Grade Rating
-
G-7, Let the Poor Go Debt Free, Says World Forum in Brazil
-
Brazil Prays IMF to Pardon Brazil's and All Poor Nations' Debts
-
Brazil's Forum Urges Prompt Pardon of All 3rd World Foreign Debts
-
IMF Checks Brazilian Books. A-OK! It Seems.
-
Brazil Cheers IMF Approval of Brazilian Pilot Plan
-
Brazil's Debt Is the Talk of 19 Countries
-
Brazil's Foreign Debt Drops US$ 13 Bi to a Still Hefty US$ 201 Bi
-
Brazil Wants to Convert Foreign Debt into Education Funds
-
Will Debt-Ridden Brazil Follow Argentina's Lead?
-
Brazil Presents in May Plan of Swapping Debt for Education Investment
-
Brazil's Foreign Debt Falls US$ 1.6 Bi to US$ 200 Billion
-
Teachers Want Brazil's Debt Converted into Education Funds
-
Brazil Uses Reserves to Redeem US$ 6.6 Bi in Brady Bonds
-
Brazil's Domestic Debt Is Out of Control, Says Expert
-
Brazil's April Surplus a Record: US$ 6.9 Billion
-
Brazil Wants to Use 1/4 of Its US$ 200 Billion Foreign Debt on Education
-
The Rich Want Brazil and the Rest of the Poor in Debt
-
Brazil Starts Talks on Converting Its US$ 202 Billion Foreign Debt
-
Brazil Spends More on Debt than on Health and Education
-
A Plan to End Brazil's Fiscal Deficit
-
Canceling Brazil and LatAm's Debts Is No Charity, But an Act of Fairness
-
US Calls Brazilian Economic Policy Extraodinary and Lula a Rare Leader
-
Brazil Wants to Pay Foreign Debt with Spanish Classes
-
Spain Works Out Details to Convert Brazil's Debt into Education Investment
-
Brazil Has Lowest Foreign Debt in 8 Years
-
New Law Limits Size of Brazil's Primary Surplus
-
Brazil Cuts Own Flesh to Pay Interest on Close to Half a Trillion Dollars Debt
-
Brazil's Foreign Debt Falls US$ 9.7 Billion. It's Still US$ 183 Bi.
-
Brazil Repays Early US$ 2.6 Billion Debt With Paris Club and Saves US$ 100 Million
-
Brazil Is Spending Less and Finance Minister Is Quite Happy
-
Nigeria's Debt Forgiveness Made Official by Brazil
-
Brazil Pays Off UN Debt After Over 10 Years of Deadbeatness
-
Brazil to Pay 13% of Debt Due in 2006. Rest to Be Renegotiated.
-
Awash in Dollars, Brazil Buys Back US$ 2.3 Bi in Foreign Debt Bonds
-
Brazil's Debt Breaks the 1 Trillion Reais Barrier
-
US Hispanic Caucus Calls in Brazil for LatAm's Debt Cancellation
-
Brazil and Mexico Favor Debt Pardon for LatAm. They Just Don't Want to Pay the Bill.
-
Brazil Ready to Pardon Debts As Long As Someone Else Pays
-
US Group Calls for Immediate Debt Cancellation for LatAm Countries
-
Brazil's Foreign Debt Falls 14% But It's Still US$ 65 Billion
-
Brazil Promises Minimum Primary Surplus of 4.25%
-
Brazil Gets Record Primary Surplus in March: Over US$ 6.2 Billion
-
Primary Surplus and Inflation News Takes Brazilian Stocks to Record High
-
Brazil Government Debt Stable at 51.7% of GDP
-
Brazil Says It Will Meet But Not Exceed Its 4.25% Primary Surplus Goal
-
Brazil's Foreign Debt Shrinks, But It's Still US$ 161 Billion
-
Brazil's Foreign Debt Jumps 8.5% to US$ 174.5 Billion
-
Brazil's Primary Surplus to Drop Below 4% of GDP
-
Brazil Lives Its Best Days Since Republic Was Born, Says Lula
-
A First for Brazil in 500 Years: Country Becomes a Foreign Creditor
-
Brazil's Primary Surplus Grows to 6.22% of GDP
-
Brazilian Primary Surplus Reaches US$ 37 Billion in 2008
-
Together with Cuba and China, Brazil Owes Billions to Paris Club
-
Brazil Wants to Stimulate Economy by Cutting Primary Budget Surplus
-
Brazil's Latest Boast: We Were IMF Debtors Now We Tell Them What to Do
|
|
Contribution |
| Have you got news? Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com. | |
|
|
|
The Latest from Brazzil Magazine |
|
|
|
|
Brazil Has Already Saved US$ 23 Billion this Year to Pay Debt Interest |
|
|
|
|
Written by Érica Santana
|
|
Friday, 28 October 2005 |
|
The primary surplus - which represents money saved by the federal government to repay debt interest - totaled US$ 23.062 billion (R$ 52.7 billion) between January and September.
This amount corresponds to 3.71% of all the wealth produced by the country this year - the Gross Domestic Product (GDP). This result is superior to last year's for the same period, in which the government made a fiscal adjustment equivalent to 3.54% of the GDP. The goal for this year's primary surplus is 4.25%. These figures were announced Thursday, October 27, by the secretary of the Treasury, Joaquim Levy. In August, the primary surplus was insufficient to cover interest expenses. The adjustment made by the government was US$ 1.969 billion (R$ 4.5 billion). But interest expenses amounting to US$ 5.251 billion (R$ 12 billion) resulted in a deficit of US$ 3.282 billion (R$ 7.5 billion). Regarding the result between January and September, Levy thinks that "it does not present any exceptional feature." In his view, what is important now is to pay attention to the results for the coming quarter. "The current target is only for the end of the year. I believe that a convergence will occur in these three months. My expectation is for there to be a deficit in the months of October, November, and December." Agência Brasil
|
|
|
|
|
Home
|
|
Brazzil Magazine - Since 1989 trying to understand Brazil |
|
|
|
|
|
.but you simply increase the federal debt at 27.5 % on the last 12 months...alone....to repay foreign debt !!!!
Results ? None !