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Brazil Government Slashes Public Financing of Cultural Projects

By Dorah Feliciano, Contributing Reporter

BRASILIA, BRAZIL – First came the announcement that state-run petroleum company, Petrobras, was not renewing many of its sponsorships contracts for cultural projects. Now Brazil has announced new rules for the Rouanet Law, the government’s main instrument to finance cultural ventures, including a steep reduction in the ceiling limit to be given to each project.

"We will increase the access of the Brazilian population to the culture, especially of the poorest people, prioritize the stimulation of new talents, strengthen the actions of social inclusion and promote popular culture," said the text published by the . . .

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