Programa de Aceleração do Crescimento

The Programa de Aceleração do Crescimento (Growth Acceleration Program), better known as PAC, is a major infrastructure program of the Federal government of Brazil. The program was launched on January 28, 2007, by the Lula da Silva administration, consisting of a set of economic policies and investment projects with the objective of accelerating economic growth in Brazil. The program had a budget of $503.9 billion reais for the 2007-2010 quadriennium. The Rousseff administration has continued the program under the name PAC-2.

Program structure

Construction work, with PAC funds, of the future Santo Antônio Dam, in Rondônia.

The Growth Acceleration Program forecasts investments by the Federal government, state enterprises and the private sector in construction, sanitation, energy, transport and logistics. The program had an estimated budget of $503.9 billion reais for the 2007–2010 quadriennium.[1]

PAC 2

PAC 2[2] was launched in March of 2010 by President Dilma Rouseff. It was set up as a continuation of the original PAC, which was designed to last only four years. PAC 2 had a budget of R$ 1.59 trillion, and focused on the development of social and infrastructure sectors such as transportation, energy, health care, culture, and housing. 

See also

References

  1. ↑ Com PAC, governo espera investimento de R$ 504 bi até 2010 Folha de S.Paulo. Retrieved on 2012-03-29. (in Portuguese).
  2. ↑ "Qual a diferença entre PAC1 e PAC2? — Ministério do Planejamento, Desenvolvimento e Gestão". www.planejamento.gov.br (in Portuguese). Retrieved 2017-05-17.


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