Tag: Arno Augustin
Arno Augustin
Saturday, January 28th 2012 - 10:16 UTC
Brazil exceeded budget primary target last year and is optimistic about 2012
Brazil’s central government exceeded its budget target for 2011 by posting a primary surplus (excluding interest payments) of 93.5 billion Reais (53.7 billion dollars) for the year.
Wednesday, January 18th 2012 - 05:16 UTC
Brazil plans to further fund the Development bank anticipating credit crunch
Brazil is considering injecting more funds to the National Development bank, BNDES for the fifth year running in anticipation of a possible shortage of long term credit in the economy, said Arno Augustin, Secretary of the Treasury.
