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Programa de Aceleração do Crescimento
The Programa de Aceleração do Crescimento (Growth Acceleration Program), better known as PAC, is a major infrastructure program of the Federal government of Brazil. The program was launched on January 28, 2007, by the Lula da Silva administration, consisting of a set of economic policies and investment projects with the objective of accelerating economic growth in Brazil. The program had a budget of $503.9 billion reais for the 2007-2010 ''quadriennium''. The Rousseff administration has continued the program under the name PAC-2.
==Program structure==
The Growth Acceleration Program forecasts investments by the Federal government, state enterprises and the private sector in construction, sanitation, energy, transport and logistics. The program had an estimated budget of $503.9 billion reais for the 2007–2010 quadriennium.〔(''Com PAC, governo espera investimento de R$ 504 bi até 2010 '' ) Folha de S.Paulo. Retrieved on 2012-03-29. .〕
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