[DEL]The government of[/DEL] Brazilian president Luiz Inácio Lula da Silva has unveiled a major public works programme with federal funds of R$371bn ($76bn) over four years, as the leftwinger looks to spur growth with extra state spending.
The leader of Latin America’s largest economy on Friday presented long-awaited plans to pour money into construction, infrastructure projects and the ecological transition.
Together with additional investments from the private sector and state-controlled enterprises, the Lula administration forecast the total value will reach R$1.4 trillion ($287bn) by the end of his four-year mandate in 2026.
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