Brazil has the largest economy in Latin America, due to political turmoil and economic stresses the economy has struggled in recent years. Brazil’s economic health affects the economy of all the other countries in Latin America. Brazil’s government officials have invested heavily in the development of public private partnerships (PPPs), which has proven to be an effective tool to help relieve debt, stimulate the economy and create jobs. According to Felipe Montoro Jens, a reporter, and infrastructure specialist?
During the Inter-American Development Bank (IDB) meeting in Mendoza, Argentina on March 24th, 2018, solutions was discussed relating to the stagnation of many infrastructures related to PPPs. Mr. Felipe Montoro Jens was among the persons attending to explore what steps needed to take place to keep the economic situation improving. The Minister of Planning, Development, and Management, Mr. Dyogo Oliveira discussed the need for more monetary support, and investments in the exploration of programs to support private sector players. Dyogo discussed many private businesses are reluctant to invest, because of the high risk, and this caused many good infrastructure related projects not to take place. Visit ideamensch.com to learn more.
The minister of finance and chairman of the Board of Directors, Luis Caputo agreed, during the IDB meeting with Dyogo on the need for more economic investments to support the private sector, and reduce financial risk. The topic of the Industrial Revolution was discussed also during the meeting. Mr. Oliveira discussed the need for funding to support the industrial revolution, and without this support, things will continue to move in the wrong direction.
Among those at this year’s meeting was Luis Alberto Moreno. Moreno is the president of the Inter-American Development Bank. Moreno brought to the board’s attention the need to improve mobility between Latina American countries. Many of the road work infrastructure projects are among those that have not been able to get going to the lack of private partner support.
The representative from Spain, Garrido was also at the meeting. Garrido is the Secretary of State for Economy and Business Support noted Brazil will be a priority in funding investments, due the size and diversity of Brazil’s economy.