Page 4 - Growth Acceleration Program News Today

MTur/Roberto Castro and Livia NascimentoWith an investment of R$1.7 trillion and the creation of 4 million jobs, a new PAC has been launchedThe Minister

Brazil new infrastructure growth plan allocates R$69.1 billion for port, airport and waterway sectors

The Brazilian leader has claimed that he will try to persuade the US president to focus on investment rather than conflict Brazilian Presi

Breaking News, Sports, Manitoba, Canada

Brazilian President Luiz Inácio Lula da Silva on Friday unveiled a plan to spend 1 trillion reais (nearly $200 billion) on infrastructure, energy and transportation over the next four years, part of a larger effort to boost economic growth and employment in Latin America’s largest nation. The Growth Acceleration Program, known under its Portuguese acronym PAC, has been met with skepticism from analysts and investors, who say previous, similarly ambitious programs have included proje...

Greater participation of civil society, partnerships in infrastructure works, and investments were other subjects of the bilateral meeting with Sultan Ahmed Al-Jaber during the Amazon Summit in Belém.

The fundamentals of the third edition of the PAC initiative were presented to the leaders of Congress by chief of staff Rui Costa and Institutional Relations Minister Alexandre Padilha.

Greater participation of civil society, partnerships in infrastructure works, and investments were other subjects of the bilateral meeting with Sultan Ahmed Al-Jaber during the Amazon Summit in Belém.

The Merriam-Webster dictionary defines infrastructure as the ‘underlying structure’ of a country – specifically, the physical installations needed to ensure that its economy functions for the benefit of society. Modern infrastructure is made of steel and concrete and is ubiquitous in an advanced economy; typically, it is taken for granted by the people who depend […]

President of Brazil Luiz Inacio Lula da Silva’s government will launch a major infrastructure works program today.