Brazil calls on IDB to speed the planned 70 billion US dollars capitalization

Tuesday, March 29th 2011 - 17:54 UTC

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Brazil's Planning Minister Miriam Belchior pressed the Inter-American Development Bank, IDB, to move quickly with its planned 70 billion US dollars capitalization to expand the reach of projects in Latin America. Read full article

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GeoffWard
Good points from new Planning Minister.

IDB aid for infrastructure is certainly needed, but so is MUCH MORE disbursement of Brasil's own cash to fund Planning, Infrastructure, Water Management, Energy distribution, etc, etc.

Not only might the IDB allocation be slow in coming and inadequate to the task, but Brasil's own deployment has been woefully and similarly inadequate.

In spite of this, 'good on the new minister'. Watch her carefully and see how much weight Dilma throws behind her.
Mar 30th, 2011 - 08:44 pm - Link - Report abuse 0
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