Brazil Infrastructure Spending Slows

By Maria Lopez Conde, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Brazilian government has spent only 17.6 percent of the R$130.4 billion authorized for investments in the country in the federal budget this year, according to a report from the National Treasury. This is less than during the first four months of last year, when the government spent R$21.1 billion, or 22.58 percent of 2012's R$93.4 billion budget.

The federal government . . .

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