RIO DE JANEIRO, BRAZIL - A Congressional bill withdrew R$690 (US$125) million from the portfolio headed by Pontes and transferred it to other Ministries. The change was requested by the government's economic area, in a letter sent to the Mixed Budget Committee (CMO).
With the cut, the Ministry of Science, Technology and Innovation lost approximately 90% of its budget. The Minister said he will seek to reverse the losses in discussions with the President.
"Yesterday was not a very good day in terms of budget, regarding the Ministry of Science, Technology and Innovations, but that's life, there . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here