Agência Brasil
Brasília – The Ministry of Transportation will immediately employ on road restoration US$581 million (R$1.5 billion) of the total of US$1.6 billion (R$4.2 billion) that the government must release until August.
The Minister of Transportation, Alfredo Pereira do Nascimento, affirmed "This means the return of investments on roads in Brazil and the generation of many jobs."
According to the Minister, of the total planned for road constructions, US$ 378,000 (R$ 978 million) will go to the Pilot Project, which is the result of an agreement presented by the Brazilian government to the International Monetary Fund (IMF). The government and the IMF negotiated the withdrawal of investments in strategic sectors used in the primary surplus calculation.
