en.Wedoany.com Reported - Brazil's Ministry of Transport announced on Wednesday evening that it will restore the budget of the National Land Transport Agency (ANTT) by 50 million reais, bringing the agency's budget ceiling back to 90%. Previously, the government froze a total of 23.7 billion reais in the federal budget last week to comply with fiscal rules, resulting in a reduction of 56.9 million reais for ANTT.

The Ministry of Transport stated that, despite its own budget constraints, it has reallocated resources by saving on operational expenses, including those of its subordinate agencies, to meet ANTT's operational needs. The ministry specifically clarified that this allocation did not cut engineering funds and emphasized that ensuring the agency's normal operation is crucial for securing highway and railway auctions through December. Maintaining the stability of ANTT's budget ceiling is considered a key factor in ensuring the smooth progress of infrastructure projects within the year.

On Wednesday (3rd), ANTT had warned that new fund freezes could affect the scheduled auction timeline for the year. With the restoration of the budget ceiling by the Ministry of Transport, the stability of the relevant auction schedule has been strengthened. The Ministry of Transport stated in a declaration: "Although the budget ceiling of this department has also been restricted, the Ministry of Transport has made savings in operational expenses, including those of its subordinate agencies, to meet ANTT's needs."

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