Brazil Justice Ministry Clears $1.05 Billion in Anti-Crime Program Proposals
What happened
The Ministry of Justice and Public Security cleared 92 proposals worth R$5.85 billion, or about US$1.05 billion, under the Brasil Contra o Crime Organizado program. This program, launched by Luiz Inácio Lula da Silva, has a total of R$10 billion in credit requests that must be approved by the development bank BNDES. Of the total, R$948.1 million is already committed as direct federal spending.
From riotimesonline.com
Why it matters
The program involves federal spending and credit provided by BNDES to states through a social-infrastructure investment fund. The ministry's clearance is only one step in the process, and the development bank BNDES must analyze and approve the proposals before the money reaches the states.
From riotimesonline.com
Who's involved
- Ministry of Justice and Public SecurityJustice ministry that clears state proposals for the anti-organized crime initiative.
- Luiz Inácio Lula da SilvaPresident who launched the Brasil Contra o Crime Organizado program.
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The entities involved
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Ministry of Justice and Public Security
justice ministry of Brazil
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Luiz Inácio Lula da Silva
president of Brazil from 2003 to 2011 and since 2023