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▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 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10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.73 ▲ 2.42% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.07 ▼ 1.09% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,400 ▼ 1.81% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,595 ▲ 3.06% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 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Rio de Janeiro Politics - Brazil

Rio de Janeiro’s City Hall confirms US$2.8 billion investment plan by 2024

By · July 15, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – The Municipal Secretary of Finance and Planning of the city of Rio de Janeiro, Pedro Paulo Carvalho, confirmed on Thursday (15) an investment plan for the capital of Rio de Janeiro of R$14 billion (US$2.8), running through 2024. The information was published by “O Globo” newspaper.

In an interview to the newspaper “Bom Dia Rio”, of TV Globo, the secretary said that the city government’s idea is to meet 93 goals in the investment plan, focusing on Education and Health, and other areas.

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All red or red areas are poor or very poor. Rio de Janeiro is not a wealthy city with a few favelas but much more a huge favela with a few wealthy residential islets.
All red or redish areas are poor or very poor. Rio de Janeiro is not a wealthy city with a few favelas but much more a huge favela with a few wealthy residential islets. (Photo internet reproduction)
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The secretary also said that the plan is feasible due to the balance of the city’s accounts: without citing specific figures, he commented that, in the city’s 2021 budget, there was a surplus in the city’s accounts in the first six months.

The city administration, today, is making up the 13th-month salary of 2020, unpaid by the prior administration, for government employees earning between R$4,000.01 and R$4,700.

When asked which sector would be a priority in the investment plan, he first mentioned education. Carvalho advised that, in the previous administration of Eduardo Paes (PSD), in 2016 the city had 35% of the public children network with seven and a half hours of classes, not four and a half hours, in 1,500 schools of the municipal system.

The idea in the plan, according to the secretary, is to provide 640,000 children with a “full day” at school.

Another priority point mentioned was health. The secretary informed that the city hall intends to resume and strengthen primary care in health units and provide Family Health Program attendance in 100% of the poorest areas of the city, which are huge by any standards.

Carvalho mentioned other goals of the plan. In the public security area, he advised the intention of strengthening the Public Ministry to fight militia activities in the city. In the economic area, he said that City Hall intends, in a strategic way, to boost sectors that can increase employment in Rio.

Also, talking about the plan in housing, the secretary informed that the city hall has the goal of providing housing units and relocate families in risk areas where rains can offer the risk of landslides. He also said that the administration would continue to combat irregular housing expansion in the city, as it has done since the beginning of Paes’ administration this year.

The secretary, however, was questioned about current problems in the city, in the areas of suppliers and transportation. He advised that the city hall, at the moment, maintains a payment plan with 2,800 suppliers that were not paid in the previous administration, by creating an compensating package for these debts.

In addition, he informed that in the case of BRT, a bus rapid transit system set up by Paes in his previous administration, but which has operational difficulties today, the city government has promoted intervention. The idea is to invest almost R$100 million in the project to increase the number of buses in the system. A project called Safe BRT is also planned, with municipal guards protecting the system’s physical structures.

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