The Minister of Infrastructure, Tarcisio de Freitas, said that the concessions of public assets to the private sector should yield the country about R$ 260 billion ($50 bn) in infrastructure investments by the end of 2022. According to Freitas, the amount is approximately 40 times the ministry’s budget.
Source: Money Times
The project created by businessman Eduardo Mufarej with the support of Abilio Diniz and other large businessmen, called Stimulus 2020, to offer credit to small and medium-sized in pandemic, announces the balance of the action since May last year. In one year, were granted R$ 70 million ($13.5 mm) in financial support, of which R$ 10 million ($1.92 mm) have already been paid by borrowers.
Bank BV (formerly Votorantim) committed to finance R$80 billion ($15.4 bn) in sustainable projects until 2030, in its the boldest step so far in its environmental, social and governance (ESG) commitments agenda. “This means that we
will practically create another entire BV in sustainable projects by 2030,” CEO Gabriel Ferreira said. In 2020, sustainable projects financed by BV totalled R$4.5 billion ($865mm), and the bank’s total portfolio currently stands at R$72.2 billion ($13.8 bn). Thus, the sustainable portfolio would increase from just over 6% to almost 33% of the total.
Source: Valor International
Driven by soy and derivatives, meat, forest products, sugar and coffee, Brazilian agribusiness exports reached $13.6 bn in April, 39% more than in the same month last year, according to data from the Foreign Trade Secretariat (Secex) compiled by the Ministry of Agriculture.
Source: Valor Investe
Saudi Arabia suspended the purchase of chicken meat from 11 of the 20 slaughterhouses qualified to sell the product to the country. The decision is valid from the 23rd. The main reason given by Saudi Arabia was that the products exported by the suspended companies would have exceeded the accepted limits of microbiological contamination.
Source: G1 Economia