Brazil: Technical Assistance Report-Public Investment Management Assessment

November 29, 2018

Preview Citation

Format: Chicago

Brazil: Technical Assistance Report-Public Investment Management Assessment, (USA: International Monetary Fund, 2018) accessed December 22, 2024

Also available in: português

Summary

Brazil is the largest country in Latin America with a varied geography and a population of over 200 million spread across 26 diverse states, generating wide-ranging infrastructure needs. Over the decades, many government investment initiatives have been launched to address these needs, however there remains a significant infrastructure gap in Brazil which continues to hamper growth potential. Over the past two decades, public investment has been considerably below the regional and income group averages and this has translated into much lower capital stock. Public investment averaged around 2 percent of GDP during the period 1995 to 2015, compared with 6.4 percent for Emerging Market Economies (EME) and 5.5 percent for Latin American Countries (LAC). As a result, public capital stock in 2015 was only 35 percent of GDP compared with an average of 92 for EME and 87 for LAC.

Subject: Budget planning and preparation, Capital spending, Expenditure, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Budget authority, Budget planning and preparation, Capital spending, Capital stock, CR, Cross-government approach, Federal government, Global, Government decree, Government procurement portal, Government regulation, Investment project, Investment strategy, ISCR, Private sector investment, Public investment, Public investment and public-private partnerships (PPP), Public investment spending, Subnational government

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/249
Stock No:

1BRAEA2018001
ISBN:

9781484372050
ISSN:

1934-7685

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