OECD’s Education at a Glance report shows that, while Brazil invested $4,306 per student in 2020, OECD countries invested an average of $11,560. The figures refer to investments made from elementary school to higher education.
Among of the top goals of Brazilian government’s program are generating employment and income, reducing social and regional inequalities, and boost economic growth.
Back in 2018, the agency’s credit rating for Brazil had been downgraded to BB-. Upon reevaluation, however, it recognized the country “has achieved progress on important reforms.”
The president noted that the deals inked during his trip to China adds up to BRL 50 bi. In the Arab Emirates, BRL 12.5 bi investments were negotiated. Lula is now back in Brazil.
The president met with 13 ministers to discuss infrastructure projects. It is the government’s role, he argued, to boost investments to propel job generation and economic growth.
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