S\u00e3o Paulo \u2013 The Brazilian minister of Finance, Guido Mantega, announced this Tuesday (5th) that the government believes all calls for tender for railway construction will take place before the first half is over. \u201cIn a month we will start conducting all the auctions,\u201d said Mantega during the Infrastructure and Energy in Brazil: Projects, Financing and Opportunities forum in S\u00e3o Paulo.<\/p>\n
The minister emphasized the importance of Brazil\u2019s building a broad investment agenda, \u201cwhich is crucial for enabling sustainable growth in the country.\u201d During the event, he announced a new railway concession model designed to attract investment.<\/p>\n
Mantega stressed that there is a strong correlation between investment and growth. For that reason, he praised the public sector\u2019s efforts towards direct investment, which grew in the last few years. \u201cBut that is not enough for [the country] to thrive,\u201d he said. <\/p>\n
In the presence of businessmen, Mantega said the country has favourable conditions to infrastructure investment, seeing as spending is either under control or stationary.<\/p>\n
\u201cBrazil offers the conditions required for sustainable growth: it boasts a solid base, solid fiscal and political foundations, it seeks strong primary surpluses, it sets out to keep reducing government debt, even amidst a crisis,\u201d he said. <\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
According to Brazil\u2019s minister of Finance, Guido Mantega, the bids should take place before the first half of the year is through. The auctions will start in a month.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-43882","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"According to Brazil\u2019s minister of Finance, Guido Mantega, the bids should take place before the first half of the year is through. The auctions will start in a month.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/43882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=43882"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/43882\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=43882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=43882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=43882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}