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Montevideo, September 21st 2024 - 12:22 UTC

Tag: New Growth Acceleration Plan

  • Saturday, August 12th 2023 - 10:27 UTC

    Brazilian gov't launches third version of PAC

    The initiative will lead to “the refinement of government management and planning,” Haddad explained

    Brazilian President Luiz Inácio Lula da Silva's government announced federal funds in the amount of R$ 371 billion (US$ 75.62 billion) over four years for the creation of roads, railways, ports, and airports in what is known as the New Growth Acceleration Plan (New PAC), which is a re-edition of an initiative undertaken during his second term in office and in the early stages of the Dilma Rousseff administration.