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BRAZIL-ECONOMY/INFRASTRUCTURE
RTX1FTKR
June 09, 2015
Brazil's President Dilma Rousseff (L) applauds next to Vice President Michel Temer (2nd L), Finance Minister...
Brasilia, Brazil
BrazilÕs President Rousseff applauds next to Vice President Temer, Finance Minister Levy and Planning...
Brazil's President Dilma Rousseff (L) applauds next to Vice President Michel Temer (2nd L), Finance Minister Joaquim Levy (2nd R) and Planning Minister Nelson Barbosa during the launch of an infrastructure program at the Planalto Palace in Brasilia, Brazil, June 9, 2015. Rousseff unveiled a concession program on Tuesday aimed at drawing 198.4 billion reais ($64 billion) in private investment to upgrade and operate Brazilian roads, railways, airports and harbor wharfs. A government presentation said the new concessions will have access to less state bank financing in the midst of Brazil's current drive to cut spending and reduce a bulging fiscal deficit, and bidders will be expected to partially fund projects with private financing. REUTERS/Bruno Domingos
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