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Brazil governor wants environmental fund to pay pensions | Brazil governor wants environmental fund to pay pensions |
(about 1 hour later) | |
RIO DE JANEIRO — A major Brazilian daily Tuesday said that the Rio de Janeiro state governor wants to use money earmarked for an environmental fund to cover shortfalls in civil servants’ pensions. | |
A press officer at Gov. Luiz Fernando Pezao’s office confirmed the information published Tuesday by the O Globo newspapers. | A press officer at Gov. Luiz Fernando Pezao’s office confirmed the information published Tuesday by the O Globo newspapers. |
The newspaper said the money would cover an expected 2016 pension payment deficit of US$3 billion and that the government has pledged that the Rio de Janeiro state treasury would replace the funds. | |
The Rio de Janeiro State Environmental Protection Fund has been used to improve sewage treatment centers and begin cleaning lakes, rivers and Guanabara Bay, a water sports venue for the upcoming Olympic games. | The Rio de Janeiro State Environmental Protection Fund has been used to improve sewage treatment centers and begin cleaning lakes, rivers and Guanabara Bay, a water sports venue for the upcoming Olympic games. |
Pezao’s proposal must be approved by the State Legislature. | Pezao’s proposal must be approved by the State Legislature. |
The newspaper said that because of a drop in oil royalty revenues from the country’s oil fields, money spent on cleanup projects fell 30 percent last year compared with a year earlier. | |
Carlos Minc, Rio de Janeiro’s former environment secretary, told O Globo the governor’s proposal will cause Rio to “take an environmental step backward.” | |
“The money will not be replaced and the fund will be left with nothing,” he said. | |
Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. | Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |