Business Services Industry
Brazil's pension funds reform is backed by World Bank's software.
South American Business Information, November, 1999
The pension funds reform submitted by the Brazilian federal government to the national congress was based on the simulations provided by theWorld Bank's software Prost (Pension Reform Options Simulation Toolkit). Brazil's pension funds deficit amounts to R$41.4mil. The World Bank will lend US$10mil for Brazil's pension funds reform, which is more advanced in the State of Parana, whose case is being followed by the states of Sao Paulo, Rio de Janeiro and Pernambuco.
Source: Gazeta Mercantil Page: 10 Date: November 16, 1999 Country: Brazil Product: Computer Software Company: World Bank Event: Financial Planning SABI (South American Business Information)
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