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Anti-Crisis Housing Package

By Nicole Pelligrino, Contributing Reporter

BRASILIA - Confidence in the Brazilian economy is at its lowest in over four years, according to a study released on March 26th by the Getulio Vargas Foundation (FGV). Naturally, Brazilians are feeling the effects of the waning economy, much like the rest of the world. Since September 2008, the Brazilian government has pumped nearly R$500 billion into the economy to quell the effects of the global recession. The latest measure by the Brazilian government will inject R$34 billion into constructing one million new homes, primarily to assist in reducing housing shortages for the . . .

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