Growth was higher than the market consensus forecast as well as that of local analysts.
The weak economy grew at a faster pace than expected in the last quarter of 2016, but is not expected to stage a major comeback this year.
Funds will benefit the transmission component of the Belo Monte hydro and the Serra da Babilônia wind complex.
Under the recently approved agency banking model, GraceKennedy will add First Global Bank branch networks to Western Union locations across Jamaica.
The government is pushing for a bill that aims to cut credit card interest rates by at least 25%.
In a surprise move, Agustín Carstens has agreed to stay at the helm of Mexico's central bank through November.