Tag: Growth

• Friday, January 24th 2020 - 08:45 UTC

  Brazilian government finances rapidly improving; primary budget deficit could be eliminated by 2022

  

  The Brazilian government's interest payment bill on the national debt could fall by 417 billion reais (some US$ $100 billion) over the course of its four-year term ending in 2022, by which time the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday.

• Saturday, December 7th 2019 - 09:20 UTC

  Brazil's growth stats for the 3Q expected to be revised upwards

  

  Brazil’s statistics agency IBGE will revise the country’s third quarter GDP figures, it said, after upward revisions to export data this week suggested growth may have been stronger than first estimated.

• Thursday, October 31st 2019 - 08:51 UTC

  New ECB chief calls on budget surplus countries to spend more and help prop growth

  

  Incoming European Central Bank chief Christine Lagarde on Wednesday took aim at Germany and other thrifty Eurozone members running budgetary surpluses, saying they should increase their spending to shore up slowing growth.

• Saturday, October 20th 2018 - 08:33 UTC

  China's growth cools to its weakest since the global financial crisis

  

  China's economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite.

• Thursday, September 27th 2018 - 09:19 UTC

  Argentine Peso with trading band and zero growth monetary supply policy

  

  The International Monetary Fund Managing Director Christine Lagarde, speaking at a news conference in New York alongside Argentine Economy Minister Nicolas Dujovne, said IMF was “significantly frontloading” disbursements under the program adding the Argentine central bank had agreed as part of the deal to allow the peso currency to float freely and would only intervene in the foreign exchange market in extreme circumstances.