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:

You May Also Like

The Man with a Fish Between the Legs

Moment of matchless power is that in which a man will do anything, really ...

How Art Has Changed Some Brazil Favela’s Kids

Improvising, a boy gathered bits of building blocks, cement and paint to build a ...

Soon All Soybean Will Be Transgenic in Brazil

Nearly half the 58 million tons of soybeans that Brazil expects in its next ...

Unhappy, Striking Brazilian Civil Servants Get 16% Raise and Go Back to Work

In Brazil, last weekend (August 25 and 26) was the deadline for striking federal ...

Argentina Isn’t Here

Brazilians are inclined to work problems out so that no one gets hurt too ...

Havana Threats Against Their Families Made Boxers Give Up Defecting in Brazil

Cuban boxers Guillermo Rigondeaux, 26, and Erislandy Lara, 24,both world champions, changed their mind ...

Brazil’s Tourism Minister Wants to Ease Visa Requirements for Americans

The Amazon is considered one of humanity’s greatest natural treasures, but tourism in the ...

Brazilian President Visits UK. End of Farm Subsidies in the Agenda.

Brazilian President Luiz Inácio Lula da Silva will be in the United Kingdom between ...

Lula Shows the UN a Rosy Picture of Brazil Where Hunger Is on Its Way Out

Brazilian President Luiz Inácio Lula da Silva affirmed today that Brazil is engaged in ...

In its search for partners in the economic integration of the Western Hemisphere, Canada has ma

According to former Canadian Prime Minister Pierre Trudeau, being a neighbor of the United ...