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Cruzado Plan
The Cruzado Plan (Portuguese language, Portuguese: ''Plano Cruzado'') was a set of economic measures launched by the Brazilian government on February 28, 1986, based on Decree-Law No. 2883 of February 27, 1986, with José Sarney as president and Dilson Funaro as Ministry of Finance (Brazil), Minister of Finance. The plan was approved in the Chamber of Deputies with 344 votes in favor and 13 against, while in the Federal Senate (Brazil), Federal Senate only 1 of the 49 parliamentarians voted against. The main goal of the plan was the price control. Food, fuel and services had their costs regulated by the administration. The measures contradicted the recommendation of the International Monetary Fund, which were accused by the government of being "speculators". The Cruzado Plan reduced inflation from 12.49% in February 1986 to 1.40% in October of the same year. As a result, the Presidency of José Sarney, Sarney government became extremely popular, the Brazilian Democratic Movement, P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foto Oficial Sarney EBC
Foto may refer to: *Fotö, an island and locality in Öckerö municipality, Västra Götaland county, Sweden *Foto language, a Bantu language of the Democratic Republic of Congo *Foto Strakosha (born 1965), an Albanian retired football goalkeeper *Foto Çami (born 1925), a former Albanian politician *To Lua Foto (died 614), Abbot of Clonmacnoise *Fot, sometimes known as Foto, a runemaster in mid-11th century Sweden *Forecasting Of Traffic Objects (FOTO), software tool for Three-phase traffic theory See also *Photograph or photo, an image created by light falling on a light-sensitive surface *Fotos, a German indie rock band {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Development Bank
The National Bank for Economic and Social Development or NBESD (, abbreviated: BNDES) is a development bank structured as a federal public company associated with the Ministry of the Economy of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country's development. BNDES is one of the largest development banks in the world (after the Chinese Development Bank, which boasts assets of around RMB 7.52 trillion, or around $1.2 tn). Its non-performing loan ratio is also less favorable (2.2%) compared to the CDB's that stands below 1%. Among the objectives of BNDES are the strengthening of the capital structure of private companies, the development of capital markets, the trading of machines and equipment and the financing of exports. Since its establishment on June 20, 1952, BNDES has financed large-scale industrial and infrastructure endeavors and has played a significant role in the support of investments in agriculture, commerce, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fundo De Garantia Do Tempo De Serviço
The Fundo de Garantia do Tempo de Serviço (FGTS) () is a federal social insurance program in Brazil that protects workers dismissed without just cause. At the beginning of every month, employers contribute a percentage of the employee's salary, usually 8%, into a banking account registered at the Caixa Econômica Federal. For apprenticeships, the percentage is reduced to 2%, and in the case of domestic workers, it rises to 11.2%. The fund was created on September 13, 1966 by the then-President Castelo Branco during the period of the military dictatorship in Brazil. Its creation was part of a series of institutional reforms and economic adjustments enacted after the 1964 Brazilian coup d'état, and it has since been amended several times. History Until the creation of the FGTS, the so-called "ten-year stability" (''estabilidade decenal'') was the only protection workers had against being fired without just cause. After acquiring this "stability," the employee's contract coul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pro Rata
''Pro rata'' is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. The hyphenated spelling ''pro-rata'' for the adjective form is common, as recommended for adjectives by some English-language style guides. In American English, this term has been vernacularized as ''prorated'' or ''pro-rated''. Meanings More specifically, ''pro rata'' means: * In proportionality to some factor that can be exactly calculated * To count based on an amount of time that has passed out of the total time * Proportional ratioInvestigator web site Accessed May 29, 2008. Pro rata has a |
Brazilian Cruzeiro (1967–1986)
The cruzeiro, initially denominated cruzeiro novo (), was the currency of Brazil between 1967 and 1986. It is the second of the 3 historical Brazilian currencies called "''cruzeiro''". It was introduced as ''cruzeiro novo'', with symbol NCr$, and remained with that denomination between 1967 and 1970 in the transition from the previous standard banknotes issued by American Bank Note Company and Thomas de la Rue to the new banknotes and coins issued mainly by Casa da Moeda do Brasil. It was introduced due to inflation and financial instability in the country, and had a conversion rate of 1 ''cruzeiro novo'' = 1000 Brazilian cruzeiro (1942–1967), "old" cruzeiros. After the transition period for the Casa da Moeda do Brasil to be able to manufacture the new banknotes, the currency was renamed simply ''cruzeiro'', with symbol Cr$. The ''cruzeiro'' remained as the official currency until 1986, when the it was replaced by the ''Brazilian cruzado, cruzado'', at a rate of 1 ''cruzado ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Cruzado
The cruzado was the currency of Brazil from 1986 to 1989. It replaced the second cruzeiro (at first called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by the cruzado novo at a rate of 1000 cruzados = 1 cruzado novo. This currency was subdivided in 100 centavos and it had the symbol \mathrm\!\!\!\Vert and the ISO 4217 code ''BRC''. Coins Standard Stainless-steel coins were introduced in 1986 in denominations of 1, 5, 10, 20 and 50 centavos, and 1 and 5 cruzados, with 10 cruzados following in 1987. Coin production ceased in 1988. Commemorative Three designs of commemorative 100 cruzado coins, celebrating the 100th anniversary of the abolition of slavery in the country (the Lei Áurea The (; ), officially Law No. 3,353 of 13 May 1888, is the law that abolished slavery in Brazil. It was signed by Isabel, Princess Imperial of Brazil (1846–1921), an opponent of slavery, who acted as regent to Emperor P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Planning, Budget And Management
The Ministry of Planning, Budget, and Management (, abbreviated MP) is a Cabinet of Brazil, cabinet-level federal government of Brazil, federal list of federal institutions of Brazil, ministry in Federative Republic of Brazil, Brazil. The Ministry was dissolved on 1 January 2019 but recreated on 1 January 2023 with Simone Tebet serving in the position. See also *List of ministers of planning of Brazil References External links * {{brazil-gov-stub Government ministries of Brazil, Planning, Budget, and Management Planning ministries, Brazil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
