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Tag: PAC

By Lucy Jordan, Contributing Reporter BRASÍLIA, BRAZIL - Despite a raft of recent stimulus measures, data released last week showed Brazilian industry continuing to perform poorly over recent months, as it reacts to the crisis in Europe and lower global...
By Lucy Jordan, Contributing Reporter BRASÍLIA, BRAZIL - The Brazilian government announced Wednesday a stimulus package of R$8.4 billion of public-sector purchases to combat slow economic growth. Finance Minister Guido Mantega and President Dilma Rousseff announced the raft of...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – At a time when Brazil's economy has been slowing recent reports indicate President Rousseff has been criticized for holding up R$400 billion (US$198 billion) of investments in industry and...
By Esmee Verbeek, Contributing Reporter RIO DE JANEIRO, BRAZIL - At a meeting for the Brazilian federal government’s program "Minha Casa, Minha Vida" (My House, My Life) yesterday, President Dilma Rousseff proclaimed that, in contrary to many "developed" countries, Brazil’s...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Five years on from the launch of the government’s Program for Accelerated Growth (PAC) in 2007, a new study shows that sanitation projects financed by the plan...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Last week the Federal Government announced funding of R$1.63 billion (around US$1 billion) to finance the development of two key transportation projects in Rio de Janeiro ahead...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A small favela known as Matinha that sits next to up-market São Conrado has been earmarked for demolition by Rio de Janeiro’s city council after a study...
By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - The terrible tragedy of Região Serrana in early January this year has, unfortunately, been further tainted with allegations of corruption and the diverting of disaster relief funds into private pockets....
By Patricia Maresch, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – After months of testing, the Teleférico (gondola) line at the Complexo do Alemão in Rio's Zona Norte (North Zone) has gone into service. The cable car system, much like...

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