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Brazil launches US$347 billion growth acceleration program to promote green transition and economic revitalization
The Brazilian government has unveiled its Growth Acceleration Program (GAP) aimed at injecting R$1.7 trillion (US$347 billion) into the economy.
This funding, sourced both from...
Brazil: Lula’s government gathers projects to launch a “new” Growth Acceleration Program” by the end of the month
By Paula Beatriz
The government of Luiz Inácio Lula da Silva (PT) wants to launch the new version of the Growth Acceleration Program (PAC) by...
Oxford Economics Africa sees growth in Angola accelerating from 2% in 2022 to 2.3% this year
British consultancy Oxford Economics forecasts growth of 2.3% for Angola this year, following last year's economic expansion of 2%, mainly driven by the non-oil...
Argentina: Demand for pesos collapses, devaluation accelerates and inflation returns to a growth path
The alerts are sounding in the Government for a new stage in the fall in the demand for money. All the country's monetary aggregates...
Brazil Eyes Investment Growth in 2024 Amid Challenges
Brazil's investment outlook is improving for 2024, bouncing back from a 2023 slump despite structural challenges.
The investment rate stood at a low of 16.5%...
Weathering the Storm: El Niño’s Effect on Brazilian Growth
Brazil is facing a significant challenge from El Niño, a climate event affecting its economy and inflation battle.
This phenomenon is troubling, especially for agriculture,...
Mozambique’s Prospects Shine as IMF Forecasts Growth
The International Monetary Fund (IMF) has recognized Mozambique's economic potential following improved security in its northern region.
This development offers a brighter future, as major...
China Speeds Up Nuclear Growth, Says U.S. Report
According to a new U.S. Pentagon report, China is rapidly increasing its nuclear capabilities.
The report, required yearly by the U.S. Congress, states that China...
Peru Pours $153M into Naval Growth
President Dina Boluarte pledged to strengthen Peru's naval sector during a dual anniversary event in Callao.
The Ministry of Economy sanctions $153 million for this...
Cape Verde Leverages German Expertise for Growth
The Cape Verdean President stressed the importance of German President Frank-Walter Steinmeier's upcoming visit.
For over a decade, both nations have focused on maritime cooperation....
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%.
However, the government stated that the country is striving to regain the rapid...
Central Bank revealed a minor adjustment in Brazil’s economic growth projection for 2023
The Central Bank revealed a minor adjustment in Brazil's economic growth projection for 2023, from 2.29% to 2.31%, a slight increase from the 2.24%...
Germany’s economic engine sputters and hampers growth in Europe
Germany, not long ago hailed as Europe's economic powerhouse, is struggling to maintain its growth trajectory.
Last quarter's news that economic activity failed to expand,...
Significant growth forecast for Latin America’s deep tech sector
The deep tech ecosystem in Latin America and the Caribbean, currently valued at US$8 billion, is predicted to expand twenty times in the next...