The Support Program to Micro and Small Companies (Pronampe), will have a third phase, after having already liberated R$32 bi ($5.7 bn) in credit, distributed to 465 thousand micro and small companies. The next phase will be opened with the relocation of R$10 billion ($1.8 bn) of the Emergency Program of Support to Jobs (PESE).
Source: Agencia Estado
Day: October 15, 2020
Moody’s maintains Brazilian GDP growth forecast in 2021
Moody’s Samar Maziad vice president and senior analyst, responsible for Brazil’s sovereign rating, said the rating agency continues to expect Gross Domestic Product (GDP) growth of 3.4% to 2021.
Source: 6 Minutos
Gross Value of Minas Gerais’ Agricultural Production should reach $15 bn
The Gross Production Value (GVP) of agriculture and cattle raising in Minas Gerais should reach, in 2020, R$ 87 billion ($15 bn), registering growth of 21.9% in relation to the previous year. The indicator represents an estimate of income generation in rural areas and its calculation is made by the Ministry of Agriculture, Livestock and Supply (MAPA), based on data from the IBGE.
Source: Noticias Agricolas
Aneel releases 95.8 MW solar operation
The National Electrical Energy Agency decided the commercial operation of the photovoltaic plants São Gonçalo 5 and 6, summing up 95.8 MW of installed capacity among 34 generating units installed by Enel Green Power in São Gonçalo da Gurguéia (PI).
Source: Canal Energia
Mercado Livre targets new investment record in Brazil
The Argentinean group MercadoLibre is raising its focus on Latin America, with plans to reach a new investment record in Brazil by 2021. The company is disbursing a record R$ 4 billion ($714 mm) this year in Brazil and expects to surpass this mark in 2021. The plan is part of a broader effort to strengthen the logistics infrastructure where the Covid-19 pandemic drives online sales.
Source: Money Times
