Brazil to allocate $4.3bln from FGTS for urban infrastructure in 2017
SAO PAULO, Dec 30 (Reuters) - The Brazilian government will allocate up to 14 billion reais ($4.3 billion) from the FGTS severance fund for urban infrastructure projects, the Friday edition of the official gazette reported.
Half of the funds will fund public-sector projects and the remainder private-sector projects, the gazette said.
($1 = 3.2532 reais) (Reporting by Ana Mano)
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