| Portuguese:Novo Programa de Aceleração do Crescimento,Novo PAC | |
 | |
| Development program overview | |
|---|---|
| Formed | 28 January 2007; 19 years ago (2007-01-28) |
| Preceding agencies |
|
| Jurisdiction | Federal government of Brazil |
| Motto | Portuguese:Desenvolvimento e sustentabilidade |
| Annual budget | R$60 billion |
| Development program executive | |
| Website | https://www.gov.br/casacivil/pt-br/novopac |
| ||
|---|---|---|
35th President of Brazil
39th President of Brazil Presidential campaigns
 | ||
| Part of a series on |
| Lulism |
|---|
.jpg) |
Related |
ThePrograma de Aceleração do Crescimento (Growth Acceleration Program), better known asPAC, is a majorinfrastructure program of theFederal government of Brazil. The program was launched on January 28, 2007, by theLula da Silva administration, consisting of a set ofeconomic policies andinvestmentprojects with the objective of acceleratingeconomic growth inBrazil. The program had a budget of $503.9 billionreais for the 2007-2010quadriennium. The money pledged to be spent on this program was to be aroundR$ 500 billion (US $260 billion) over four years. However, by 2010 many projects remained mired in bureaucracy, and only 11% of the projects outlined in the plan had been completed, while just over half had not even been launched.[1]
TheRousseff administration continued the program under the namePAC-2. Following the2022 Brazilian general election,Luiz Inácio Lula da Silva reformed the program under the nameNovo PAC, having a total investment of R$1.7 trillion, with R$1.3 trillion being invested by 2026.[2][3]
The Growth Acceleration Program forecasts investments by theFederal government,state enterprises and theprivate sector inconstruction,sanitation,energy,transport andlogistics. The program had an estimated budget of $503.9 billionreais for the 2007–2010 quadriennium.[4] The money pledged to be spent on this program was to be aroundR$ 500 billion (US $260 billion) over four years. However, by 2010 many projects remained mired in bureaucracy, and only 11% of the projects outlined in the plan had been completed, while just over half had not even been launched.[1]
PAC 2[5] was launched in March 2010 by President Dilma Rousseff. It was set up as a continuation of the original PAC, which was designed to last only four years. PAC 2 had a budget of R$1.59 trillion, and focused on the development of social and infrastructure sectors such as transportation, energy, health care, culture, and housing.
On 11 August 2023, theFederal government of Brazil launched theNovo PAC, having a total investment of R$1,68 trillion, with an estimated R$1,3 trillion being invested by 2026,[6] with an annual investment of R$60 billion.[7] The new program has a focus on investments in infrastructure and social areas such as healthcare, education, sustainability, and transportation.[8][9]
| History | |
|---|---|
| Agriculture | |
| Welfare | |
| Energy | |
| Other sectors | |
| Misc. | |
| International | |
|---|---|
| National | |
 | This article about government in Brazil is astub. You can help Wikipedia byadding missing information. |
_(cropped).jpg)
