According to the International Monetary Fund and the World Bank, Brazil has the ninth largest economy in the world at purchasing power parity.
In January 1999, the Brazilian Central Bank announced that the Real would no longer be pegged to the U.S. dollar, which entailed a major devaluation of the Brazilian currency.
About 16 million people in Brazil are officially considered illiterate; however, if we include those who received less than 4 years of schooling, this number rises to 33 million people (around 18% of the country's total population) [9].
Feeds |
Contact