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Oil will generate R$ 1 trillion for education

"Riches from a non-renewable resource (oil) for everlasting wealth (education)," celebrated President Dilma upon signing the bill that earmarks to education 75% of oil royalties and 50% of the Pre-Salt Social Fund.

Lula and Dilma proposed it and now it is law: 75% of the pre-salt royalties will be directly invested in education. Photo: Ricardo Stuckert

It is estimated that over the next 35 years education will receive funding on the order of R$ 1 trillion, based on royalties, special participation fees and an allotment from the Social Fund. (Learn more through the Pre-Salt web pages). There will be more daycare centers, full-day schools, technical schools and universities, more student credit, better pay for teachers. A better and more just Brazil.

 


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Palavra do Lula
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The education budget has tripled

"We practically tripled the budget for education. And now we’ll do even more with President Dilma. Through the pre-salt we can to recover the historical debt this country has with education. And I always said that education is the bedrock needed to transform this country."


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• Dilma’s speech about oil royalties for education: 

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Per capita investment in education grow 250% during PT government
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The investment of the Lula and Dilma governments in education has grown at all levels. Between 2000 and 2014, total investment as a percentage of Gross Domestic Product (GDP) increased from 4.7% to 6.4% — and will reach 10% in the next ten years, as called for in the National Education Plan, sanctioned in June 2014 by President Dilma. With Lula and Dilma, direct public investment per student, including basic education and higher education, increased from R$ 970.00 in 2000 to R$ 4,916.00 in 2011 Discounting inflation, the jump was R$ 1,962.00 to R$ 4,916.00 per student at all levels of education, which represents a real increase of 2.5 times. That is, under Lula and Dilma investment in the future of every Brazilian more than doubled.

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Federal government transfers Fundeb funds
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The Lula government greatly increased the funds allocated to basic education and improved its distribution throughout the country, thanks to Fundeb. In force since 2007, the new Fund replaced Fundef, which was limited to grade school education and teacher training only. Fundeb, in turn, is for all basic education — daycare centers, kindergarten, elementary school, middle school and youth and adult education — and values education professionals as a whole. Made up funds from taxes and transfers between states and municipalities, Fundeb receives an annual federal contribution, which grew from R$ 2 billion in 2007 to R$ 10.2 billion in 2013.

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Source URL: http://brasildamudanca.com.br/en/educacao/more-funds

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