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Economic Report - Economic Concerns Fueled Brazil Protests
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2016
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concerns have been at the heart of the recent protests in
. Brazilian President Dilma Rousseff answered growing public unrest over government spending
economic concerns. On June 24, she proposed a popular vote, or
, on a constitutional process to make reforms needed by the countryPresident
also described a $23 billion spending plan. The money would go
public transportation and would support investment in education and health care.
Brazilian leader also promised to fight political corruption. President Rousseff met
state governors, city mayors and protest leaders in the capital, Brasilia.
is estimated that one million people took part in protests across
. Demonstrators are angry that the government is spending billions of dollars
public money in preparations for two huge sporting events. Brazil will
the FIFA World Cup soccer championship next year and then the
Olympic Games two years later. The protests started when the government
it would increase transportation costs, such as bus and subway fares.
the protests soon turned to other economic issues, and spread. As
result, the government suspended its plans for the transportation fare increases.
have been demanding better health care, education and public transportation and
against corruption. As Brazil prepares for the major sporting events, the
is also facing rising inflation. The inflation rate is now over
percent, which is higher than the government's target. For VOA Learning
, I'm Mario Ritter.
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