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Brazil development bank plans to invest almost a trillion dollars in next three years

Friday, January 25th 2013 - 07:34 UTC
Full article 8 comments

Brazil’s Social and Economic Development Bank (BNDES) has plans to invest 1.858 trillion Reais (approx 906bn dollars) between 2013 and 2016. In 2012, total investments amounted to approximately 156 billion Reais, up 12% compared to 2011, and a total of 2.394 trillion Reais was invested between 2008 and 2012. Read full article

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  • ChrisR

    Brasil and her attempts at 'economic' controls leave them looking like a child in a sweet shop: unable to make their mind up what to pick.

    It will never improve until the idiot Mantega is replaced with someone, anyone, who can think cohesively and act determinedly on the whole sorry mess.

    I am beginning to think that this is going to be Dilmas Achilles heel.

    Jan 25th, 2013 - 08:06 pm - Link - Report abuse 0
  • Brasileiro

    Hahaha. CryingR, do you are God? Your true is better than our true? Dilmas Achilles heel, or Achilles heel for you, and Europeans Speculators? “ Nossos juros baixaram e isto está transformando em risco a aposentadoria de milhões de idosos europeus que gostariam de perpetuar as estratosféricas rentabilidades obtidas por seus fundos de pensão. O que importa é que cada vez mais somos um país soberano, independência não é algo que cai do céu. Ela é construída dia a dia, sol a sol. Ela é conquistada. ”

    Jan 25th, 2013 - 09:24 pm - Link - Report abuse 0
  • GeoffWard2

    BNDES would be well advised to inject development cash into Brasil's small and medium sized technology industries - to enable the best available state-of-the-art production techniques to become more commonplace in Brasil.
    Too many home-produced products are of secondary standard.

    Too much taxpayer's cash has, in recent years, been given by BNDES to the big, originally Brasilian, multinationals.

    Jan 26th, 2013 - 04:01 pm - Link - Report abuse 0
  • ChrisR

    3 GeoffWard2

    But that would involve someone in government THINKING and making DECISIONS!

    The fact that it would be the correct thing to do would be ignored.

    I see we have the Brassiere back again. He still thinks I am a speculator! At least (according to him) you are all working from sunrise to sunset: I wonder what the night shift auto workers are doing then? Funny, funny guy.

    Jan 26th, 2013 - 06:19 pm - Link - Report abuse 0
  • Brasileiro

    For you....bad investor
    http://www.youtube.com/watch?v=s37bkD0pFyU&list=FLmXPTu1f8AdGlizWNiASx2A&feature=mh_lolz

    Jan 26th, 2013 - 07:01 pm - Link - Report abuse 0
  • ChrisR

    5 Brassiere
    I take it you are replying to me? It would be helpful to give the number and tag of the post, like I have for you, to prevent confusion.

    I refer to confusion because you link to something that happened 274 years ago. I much prefer to remain in the present.

    But, AGAIN, you have failed utterly and completely to provide a sensible reply to my post @ 1 above. I take it that you are incapable of holding a sensible dialogue, preferring to rely on assumptions which are incorrect and personal abuse.

    I do hope that not all Brasilians are as lacking in intellect as you: it will make Dilmas’ role so much harder if they are.

    May I suggest that you spend some time in a school of further education to better understand the nuances of economies and the complexity that comes with a country as big as Brasil.

    Dilma, who I have every respect for despite her involvement in the murder of an American Military Officer in front of his wife and children, has made a very good start in most areas but sadly not in the financial sector of her government. Fortunately you seem to be in the minority, certainly, argies aside; there is no-one else like you on MP thank goodness. Let us all be thankful for small mercies.

    Jan 26th, 2013 - 08:09 pm - Link - Report abuse 0
  • Brasileiro

    https://www.youtube.com/watch?v=ybrDr-zTRuc&list=FLmXPTu1f8AdGlizWNiASx2A
    Beautiful

    Jan 26th, 2013 - 09:01 pm - Link - Report abuse 0
  • GeoffWard2

    Amanhã!
    Ódios aplacados
    Make it today, guys.

    Jan 27th, 2013 - 09:57 am - Link - Report abuse 0

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