November 13, 2017
Brazil's central government has launched the Agora e Avancar, or "Now, move forward" program, to kickstart previously stalled social infrastructure works.
According to a statement from the government, the program is being rolled out across several ministries and requires BRL130bn ($40bn) in investments before December 2018.
Funds will come from the central government's general budget, the Workers' Severity Indemnity Fund (FGTS) and from state-run companies including Caixa Economica Federal, Petr
Social infrastructure program requires some $40bn in investments from various state-controlled funds