Project acceleration
Introduction
The Programa de Aceleração do Crescimento or Growth Acceleration Program (better known as PAC), launched on January 28, 2007, was a program of the Brazilian federal government that encompassed a set of economic policies, planned for the following four years, and which aimed to accelerate the economic growth of Brazil, foreseeing total investments of R$ 503.9 billion until 2010, being one of Their priorities are investment in infrastructure, in areas such as sanitation, housing, transportation, energy and water resources, among others.
Structure
Contenido
El PAC se componía de cinco bloques:.
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- Medidas de infraestructura, incluyendo la infraestructura social, como vivienda, saneamiento y transporte de masas (bloque principal).
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- Medidas para estimular el crédito y la financiación.
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- Mejora del marco regulatorio en el área ambiental.
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- Desgravaciones impositivas.
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- Medidas fiscales a largo plazo.
Esas acciones deberían ser implementadas, gradualmente, a lo largo del cuatrienio 2007-2010. La meta era obtener un crecimiento del PIB en torno a un 5% anual, gracias al papel "inductor" del sector público, ya que cada R$ 1,00 invertido por el sector público generaría R$ 1,50 en inversiones privadas. Las inversiones de R$ 503 000 millones, hasta 2010, se constituirían en la espina dorsal del programa de aceleración del crecimiento económico. Ese conjunto de proyectos de infraestructura pública debería ayudar a acelerar las inversiones privadas.[1].
Investment structure
Among the announced investments are included: the sum of direct public investments (R$ 67,800 million in four years), state investments, financing from official banks and private investments, to reach the planned total of R$ 503,900 million in the planned period, between 2007 and 2010. More than one hundred priority investment projects in roads, waterways, railways, ports, airports, sanitation and water resources were selected.