Dear friends of our mission effort,
Please pray for Brazil’s economy.
• 11,400,000 unemployed
• 9.32% per year inflation (One example of high prices is beans which is almost indispensable on the table of Brazilians – R$4,50 per kilo in 2015 and now is R$10,00. Milk is 5 dollars a gallon, gasoline is 3.93 dollars per gallon (this is the cheapest that can be found in Recife and most stations are higher getting as high as 4.54 dollars per gallon)
• 4.58% per MONTH interest rates (personal bank loan)