IBOV 166,841.38 ▼ 0.43% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL5.49▲ 0.50% USD/MXN18.72▲ 0.53% USD/CLP977.83▲ 1.17% USD/COP3,237▼ 0.40% USD/PEN3.44▲ 0.02% USD/ARS1,545▼ 0.19% USD/UYU40.22▲ 3.24% USD/PYG6,031▲ 4.22% USD/BOB11.94▲ 1.91% USD/DOP60.30▼ 0.33% USD/CRC449.63▲ 2.27% USD/GTQ7.64▲ 3.17% USD/HNL26.87▼ 0.09% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.67% USD/TTD6.64▲ 1.14% EUR/BRL6.16▲ 0.34% BRENT 98.08 ▲ 3.66% WTI 90.71 ▲ 2.94% IRON ORE 161.91 — — COPPER 6.27 ▼ 2.11% GOLD 4,113 ▲ 0.99% SILVER 52.46 ▲ 0.64% SOY 1,192 ▼ 0.15% CORN 441.75 ▼ 0.56% WHEAT 601.50 ▲ 0.50% COFFEE 277.45 ▼ 0.82% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 135.90 ▲ 3.35% COTTON 78.45 ▲ 0.44% COCOA 5,288 ▼ 3.08% BEEF 213.10 ▼ 2.25% CATTLE 318.18 ▼ 4.17% LITHIUM 60.42 ▼ 2.36% PETR4 46.80 ▼ 0.68% VALE3 62.88 ▲ 0.85% ITUB4 39.75 ▲ 0.10% BBDC4 13.88 ▼ 1.28% ABEV3 15.44 ▲ 1.25% BBAS3 16.47 ▼ 0.12% B3SA3 14.22 ▼ 0.56% WEGE3 48.01 ▼ 4.08% PRIO3 62.25 ▲ 0.18% SUZB3 51.82 ▼ 1.01% RENT3 29.46 — 0.00% AZZA3 14.12 ▲ 1.07% CSAN3 2.54 ▲ 6.28% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.62 ▲ 2.55% PSSA3 43.51 ▼ 3.07% CVCB3 0.82 ▲ 1.23% POSI3 3.14 ▼ 0.95% SLCE3 16.32 ▼ 1.69% NATU3 5.29 ▼ 2.40% BRKM5 3.01 ▼ 1.31% RANI3 8.48 ▼ 1.74% CSNA3 4.10 ▲ 0.49% IBOV 166,841.38 ▼ 0.43% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL 5.48 ▲ 0.45% USD/MXN 18.72 ▲ 0.52% USD/CLP 977.83 ▲ 1.17% USD/COP 3,237 ▼ 0.40% USD/PEN 3.44 ▲ 0.02% USD/ARS 1,545 ▼ 0.19% USD/UYU 40.22 ▲ 3.24% USD/PYG 6,031 ▲ 4.22% USD/BOB 11.94 ▲ 1.91% USD/DOP 60.30 ▼ 0.33% USD/CRC 449.63 ▲ 2.27% USD/GTQ 7.64 ▲ 3.17% USD/HNL 26.87 ▼ 0.09% USD/NIO 36.62 ▲ 0.07% USD/VES 892.65 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.67% USD/TTD 6.64 ▲ 1.14% EUR/BRL 6.16 ▲ 0.34% BRENT 98.08 ▲ 3.66% WTI 90.71 ▲ 2.94% IRON ORE 161.91 — — COPPER 6.27 ▼ 2.11% GOLD 4,113 ▲ 0.99% SILVER 52.46 ▲ 0.64% SOY 1,192 ▼ 0.15% CORN 441.75 ▼ 0.56% WHEAT 601.50 ▲ 0.50% COFFEE 277.45 ▼ 0.82% SUGAR 18.60 ▲ 0.70% ORANGE JUICE 135.90 ▲ 3.35% COTTON 78.45 ▲ 0.44% COCOA 5,288 ▼ 3.08% BEEF 213.10 ▼ 2.25% CATTLE 318.18 ▼ 4.17% LITHIUM 60.42 ▼ 2.36% PETR4 46.80 ▼ 0.68% VALE3 62.88 ▲ 0.85% ITUB4 39.75 ▲ 0.10% BBDC4 13.88 ▼ 1.28% ABEV3 15.44 ▲ 1.25% BBAS3 16.47 ▼ 0.12% B3SA3 14.22 ▼ 0.56% WEGE3 48.01 ▼ 4.08% PRIO3 62.25 ▲ 0.18% SUZB3 51.82 ▼ 1.01% RENT3 29.46 — 0.00% AZZA3 14.12 ▲ 1.07% CSAN3 2.54 ▲ 6.28% RAIZ4 27.57 ▲ 1.73% PCAR3 2.39 ▲ 3.91% GMAT3 3.62 ▲ 2.55% PSSA3 43.51 ▼ 3.07% CVCB3 0.82 ▲ 1.23% POSI3 3.14 ▼ 0.95% SLCE3 16.32 ▼ 1.69% NATU3 5.29 ▼ 2.40% BRKM5 3.01 ▼ 1.31% RANI3 8.48 ▼ 1.74% CSNA3 4.10 ▲ 0.49%
since 2009
Thursday, November 5, 2026

Rio de Janeiro Politics - Brazil

Rio de Janeiro’s City Hall confirms US$2.8 billion investment plan by 2024

By · July 15, 2021 · 3 min read

RIO DE JANEIRO, BRAZIL – The Municipal Secretary of Finance and Planning of the city of Rio de Janeiro, Pedro Paulo Carvalho, confirmed on Thursday (15) an investment plan for the capital of Rio de Janeiro of R$14 billion (US$2.8), running through 2024. The information was published by “O Globo” newspaper.

In an interview to the newspaper “Bom Dia Rio”, of TV Globo, the secretary said that the city government’s idea is to meet 93 goals in the investment plan, focusing on Education and Health, and other areas.

All red or red areas are poor or very poor. Rio de Janeiro is not a wealthy city with a few favelas but much more a huge favela with a few wealthy residential islets.
All red or redish areas are poor or very poor. Rio de Janeiro is not a wealthy city with a few favelas but much more a huge favela with a few wealthy residential islets.
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

The secretary also said that the plan is feasible due to the balance of the city’s accounts: without citing specific figures, he commented that, in the city’s 2021 budget, there was a surplus in the city’s accounts in the first six months.

The city administration, today, is making up the 13th-month salary of 2020, unpaid by the prior administration, for government employees earning between R$4,000.01 and R$4,700.

When asked which sector would be a priority in the investment plan, he first mentioned education. Carvalho advised that, in the previous administration of Eduardo Paes (PSD), in 2016 the city had 35% of the public children network with seven and a half hours of classes, not four and a half hours, in 1,500 schools of the municipal system.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Brazil halts rate cuts at 13.75% after five in a row”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

The idea in the plan, according to the secretary, is to provide 640,000 children with a “full day” at school.

Another priority point mentioned was health. The secretary informed that the city hall intends to resume and strengthen primary care in health units and provide Family Health Program attendance in 100% of the poorest areas of the city, which are huge by any standards.

Carvalho mentioned other goals of the plan. In the public security area, he advised the intention of strengthening the Public Ministry to fight militia activities in the city. In the economic area, he said that City Hall intends, in a strategic way, to boost sectors that can increase employment in Rio.

Also, talking about the plan in housing, the secretary informed that the city hall has the goal of providing housing units and relocate families in risk areas where rains can offer the risk of landslides. He also said that the administration would continue to combat irregular housing expansion in the city, as it has done since the beginning of Paes’ administration this year.

The secretary, however, was questioned about current problems in the city, in the areas of suppliers and transportation. He advised that the city hall, at the moment, maintains a payment plan with 2,800 suppliers that were not paid in the previous administration, by creating an compensating package for these debts.

In addition, he informed that in the case of BRT, a bus rapid transit system set up by Paes in his previous administration, but which has operational difficulties today, the city government has promoted intervention. The idea is to invest almost R$100 million in the project to increase the number of buses in the system. A project called Safe BRT is also planned, with municipal guards protecting the system’s physical structures.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

Living in or visiting Rio de Janeiro? See this month's events and our Rio de Janeiro city guide with rents, safety and upcoming concerts.

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.