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Brazil Property News: Brazil's projected FDI raised by analysts
3rd June 2008 05:08
People looking for property for sale in Brazil could be interested to hear the projected amount of foreign investment in the country has been raised by ten basis points (0.1 per cent).
Market analysts have increased the ratio between new public debt and gross domestic product which now stands at 41.3 per cent, according to a survey by the country's central bank.
The Focus Bulletin is used to predict foreign investors' confidence in the South American nation, reports ANBA.
According to the survey, foreign director investment in the nation has gone up from $31.3 billion (£15.9 billion) to $33 billion.
Meanwhile, last week it was revealed that the Latin American country had been appointed investment grade by another leading credit-ratings firm, indicating the nation is fit for investment.
First Ratings increased the country's rating only one month after it was appointed investment grade by Standard and Poor's.
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
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How to invest in Brazilian property
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