IMF Values Private Investment in Brazil

The Director of the Fiscal Affairs Department of the Monetary International Fund (IMF), Teresa Ter-Minassian, said this Monday, April 25, that the pilot project Brazil introduced to the IMF, to increase the participation of the private sector in infrastructure projects, demonstrates the importance of the private investment in this area.

The project, which was presented by Brazil together with Chile, Ethiopia, Colombia, Ghana, India, Peru, and Jordan stresses private participation because the public sector has been decreasing its presence each year, not only in Latin America, but also in other regions.


Ter-Minassian was one of the speakers in the opening ceremony of the International Seminar on Improving the Quality of Public Investments and Public-Private Partnerships.


The international seminar is being promoted by Brazilian Ministries of Planning, of Finance, and the IMF.


Representatives of multilateral organizations such as the World Bank and the IMF, and of countries such as Spain, France, Canada, Chile, and Mexico, as well as Brazilian and foreign universities are participating on the encounter, which ends today.


ABr

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