Brazil and IDB Want More Effective Investments

Brazil’s Minister of Planning, Paulo Bernardo, signed this April 12 with the Inter-American Development Bank (IDB), whose governors are meeting in Japan, a letter of intent to implement a plan to increase the effectiveness of social and economic development investments.

According to the Ministry’s press-service, IDB’s Program to Implement the External Pillar of the Medium-term Action Plan for Development Effectiveness (PRODEV) offers participating countries technical assistance grants to help establish and implement an action plan to improve performance of projects and development programs.


The letter of intention signed with IDB President Enrique Iglesias will involve the optimization of systems for procurement, auditing oversight and control, and the information and statistics system for managing for results.


Minister of Environment, Marina Silva, has recently signed a Protocol of Intentions with the Interamerican Development Bank for a US$ 550,000 grant. The funds, from Holland and the IDB, will be used to draw up Brazil’s water resource program guidelines and goals.


Silva also presided over the opening ceremony of the 32nd meeting of the Technical Commission of the National Water Resources Plan (PNRH), which now has a new homepage on the internet at http:// pnrh.cnrh-srh.gov.br and signed orders for the establishment of twelve regional PNRH executive commissions.


The commissions consist of representatives of civil society and water users, as well as government agencies, who will elaborate PNRH policies.


ABr

Tags:

You May Also Like

18 Leaders Have Been Killed in Parí¡, Brazil, Since US Nun’s Murder in 2005

On 12 February 2005, Sister Dorothy Stang was assassinated for defending the rights of ...

Brazilian President Gets to Meet Obama for Third Time

American president Barack Obama wishes to meet with his peers from UNASUR, the Union ...

Another Scary Day in Brazil: Markets Down 11%

Brazilian shares plummeted more than 10% on Wednesday, October 15, triggering a trading halt, ...

Brazilian Police Investigate Internet Site Selling Amazon Land

The Brazilian Federal Police is trying to find out who is behind a website ...

Monsanto Buys World’s Largest Sugarcane Breeding Firm in Brazil

US-based agriculture company Monsanto has completed the purchase of Brazilian firm Aly Participações Ltda., ...

LETTERS

STOCK MARKET By Brazzil Magazine Send us your E-mail: brazzil@brazzil.com

After Chile and Portugal, Argentina Joins Brazil to Develop Military Jet

According to an announcement by Argentina’s Defense ministers, Brazil and Argentina have signed a ...

European Firm Wants to Build Military Planes in Brazil

Rio Grande do Norte state in the Brazilian Northeast might house a military aircraft ...

Brazil Expects More than 6 Million International Passengers in 2007

The number of foreign passengers arriving in Brazil grew 15.22% in October, 552,520 passengers ...

BNDES Loans US$ 219 Million for Railway Construction in Brazil

The Brazilian Development Bank (BNDES) announced today, June 6, the approval for a financing ...