Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Brazilian president announces measures to aid local governments
+ -
09:57, February 11, 2009

Click the "PLAY" button and listen. Do you like the online audio service here?
Good, I like it
Just so so
I don't like it
No interest
 Related News
 Police find survivors of Brazil plane crash
 Brazil starts analysis of flight recorder of crashed plane
 Central Bank: Brazil's credit back to pre-crisis levels
 Brazilian plane crash rescue work suspended due to heavy rain
 At least 24 killed in Brazilian plane crash
 Comment  Tell A Friend
 Print Format  Save Article
President Luiz Inacio Lula da Silva on Tuesday announced several measures to benefit local governments during a meeting with about 3,500 mayors.

The primary measure would allow local governments' debts with the Social Security Department to be financed in 20 years, with a 50-percent reduction in debt interest.

Lula also signed a decree simplifying the regularization process of urban areas in the Amazon Rainforest and increased a Brazilian Development Bank line of credit for towns to buy tractors and other agricultural equipment.

The president reaffirmed that there will be no cuts in the Growth Acceleration Project despite the international financial crisis. He said the projects will secure Brazil's development.

Lula said the measures aim to strengthen the relationship between local and federal governments, decrease the bureaucracy in joint projects, and encourage local government's participation in a crisis moment.

"What we want in this meeting is not to create conveniences, but to create commitment," he said.

Source:Xinhua



  Your Message:   Most Commented:
2009 Spring Festival
Why does Israel push for truce in Gaza?
U.S. Airways jet's engines lost power simultaneously
Nation can be first to 'recover'
"In Utah, I Get Zero Respect!", Interview with Utah Governor Jon M. Huntsman, Jr.

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90777/90852/6590119.pdf