Monday, November 3, 2014

Public incentives to private transportation in Brazil

Brazil fact of the day:

The amount of governmental subsidies to private transportation in Brazil totaled R$ 19.38 billion in 2013. This figure is larger than all transport investments for the World Cup (R$ 14.38 billion) and it is almost twice the investments made in public transport in the whole country in the same year (R$ 10.2 billion).

This is from a nice piece published yesterday by Cassia Almeida and her team in O Globo, one the the biggest Brazilian newspapers . You may read the story [in Portuguese] here.

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