On Thursday, President Luiz Inácio da Silva presented a report on the actions of the federal government in the state of Minas Gerais and announced new investments, including R$ 121.4 billion from the New Program for the Acceleration of Growth (PAC).
During an event in Belo Horizonte, Lula emphasized that the selection of projects and actions is the result of dialogue and collective construction among federal, state, and municipal managers.
“The announcement we are making is not a thought of the federal government, but the result of sharing a civilizing public policy that we have decided to adopt in the country because the role of the President of the Republic is not to be concerned about which party the governor belongs to, but to be concerned about the people of the state who elected their governor,” he said.
Out of the total investment, R$ 84.8 billion will be allocated to regional ventures. The remaining funds will be used for various projects aimed at fostering economic growth and development in the state of Minas Gerais.
The New Program for the Acceleration of Growth (PAC) is a government initiative focused on stimulating private and public investments in infrastructure, social development, and economic activities across the country. This program aims to promote sustainable growth and improve the quality of life for Brazilian citizens.
The announcement of such a significant investment in Minas Gerais is expected to have a positive impact on the state’s economy and contribute to job creation, infrastructure development, and improved public services.
It is worth noting that the selection of projects and the allocation of funds was based on careful planning, in partnership with federal, state, and municipal authorities, as well as input from various sectors of society. This collaborative approach ensures that the investments are prioritized according to the needs of the local population and can bring about substantial improvements to the region.
The government’s commitment to promoting economic growth and development through initiatives like the PAC demonstrates its dedication to creating a more prosperous and inclusive society. By investing in infrastructure and social programs, the government aims to reduce inequalities and provide better living conditions for all Brazilians.
The announcement of the R$ 121.4 billion in PAC investments in Minas Gerais is an important step towards achieving these goals and signifies the government’s commitment to the well-being and development of the people of the state.
Brazil Agency
