Brazil’s Federal Investments Show Accumulated 16.3 Percent Drop in 2019

Investments total R$30.888 billion from January to October.

RIO DE JANEIRO, BRAZIL - Amidst the growth in mandatory spending, investments - spending on construction and purchase of equipment - accumulated a drop in 2019.

According to figures released yesterday, November 28th, by the National Treasury, investments totaled R$30.888 billion (US$7.722 billion) from January to October, a 16.3 percent drop in relation to the same period last year, discounting the official inflation rate of the Broad National Consumer Price Index . . .

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