• Categories
  • Archives

Brazil Spends 16% of Its GDP in Social Programs

The Social Direct Budget of the Brazilian federal government in 2004 was US$ 98.98 billion (248.9 billion reais), according to a report issued May 2 by the Ministry of the Finance.

Including loans, subsidies, and tax exemptions, the total social budget was estimated in US$ 111.62 billion (280.7 billion reais) and corresponds to 16% of the Gross Domestic Product (GDP).


67.6% of the total direct expenses were with social security, 12.8% with health, 6.5% with social assistance, and 5.2% with education.


The Ministry’s report contains data from the 2001-2004 period. In the last two years, federal government’s Social Budget increased 31% when compared to 2001/2002.


In 2004, there was an increase of 18% in comparison with 2003. Part of this increase was due to the expansion of money transferring programs, such as the Bolsa Famí­lia (Family Grant).


Expenditures with similar programs doubled: from US$ 954 million (2.4 billion reais) in 2002, to US$ 2.3 billion (5.8 billion reais) in 2004.


The 2001-2004 Federal Government Social Budget report contains detailed information about the destination of resources collected by the federal government and expended in the social area.


These expenses include social security, social assistance, health, education, culture, worker’s protection and employment, housing, sanitation, and agrarian organization.


ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Still Without an Explanation Brazil Government Refuses to Talk About Blackout

For Brazil's chief of staff and hand-picked candidate to succeed president Lula, minister Dilma ...

Brazil Starts Petrobras Biofuel, a US$ 1.5 Billion Venture

Brazil's Petrobras Biofuel, a subsidiary of the state-controlled oil multinational Petrobras, was officially inaugurated ...

The Kid in the Street

The program has been successful in rehabilitating 30 percent of the children. The remaining ...

Kidnappers of Brazilian Reporter Condition Release to Airing of Tape

The men who kidnapped a reporter and a technical aide from leading Brazilian television ...

It’s Time for the U.S.-Brazil’s Civil Society to Stand Up and Be Counted

For over a decade United States-Brazil relations have been tangled up in deliberations for ...

Haiti’s Brazilian-Led Occupation Force Might Leave Soon. Good Riddance!

As one of his first measures in office, Brazilian Defense Minister Celso Amorim plans ...

Curitiba: The Real and the Fairy Tale

Curitiba has enjoyed an international reputation as Brazil’s point city for the twenty-first century. ...

Close to Half a Million Brazilians to Get Cancer This Year

Around 460 thousand Brazilian men and women are expected to fall victim to cancer ...

He invented the Brazilian novela

CDs or Books by Keyword, Title or Author By Francesco Neves "God is a ...

Helping Uruguay American Senator Hopes to Force Brazil to Do More Business with US

Richard Lugar, the ranking Republican on the Foreign Relations Committee in the US senate, ...