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BRAZIL-ECONOMY/INFRASTRUCTURE
RTX1FTKT
June 09, 2015
Brazil's Finance Minister Joaquim Levy speaks during the launch of an infrastructure program at the Planalto...
Brasilia, Brazil
Brazil's Finance Minister Joaquim Levy speaks during the launch of an infrastructure program at the Planalto...
Brazil's Finance Minister Joaquim Levy speaks during the launch of an infrastructure program at the Planalto Palace in Brasilia, Brazil, June 9, 2015. Brazil's President Dilma 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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