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BRAZIL COUNTRY STRATEGY UPDATE 1.
Period of coverage The Country Strategy with Brazil covered the period 2004-2007 (document GN-2327-1) and was updated in 2008 through document GN-2477. In this regard, and given the change in administration that will take place in Brazil in late 2010, this CS Update covers the period from January 2009 to December 2010.
2.
Approvals during the effective period of the CS Update and their consistency with the areas of the CS The Country Strategy with Brazil provides for actions in four areas: (a) productivity and infrastructure, according priority to small and medium-sized enterprises (SMEs) and to use of public-private partnership models in new investments; (b) poverty, equity, and human capital formation, with emphasis on income-distribution programs, as a short-term measure for poverty alleviation and education and health programs as sustainable measures for enhancing equity; (c) living conditions and efficiency in cities, integrating actions for reducing poverty in urban areas, through improvements in habitability, efficiency, and environmental quality in cities; (d) modernization of the State and institutional strengthening, with emphasis on the subnational areas of government. The country strategy also gives priority to three crosscutting issues: integration, the environment and natural resources, and reducing regional gender and racial inequalities. All the operations that have been approved during the period of the CS Update were consistent with the aforementioned priority areas. See breakdown in Annex I.2.
3.
New sectors and rationale No new sectors are expected to be incorporated under the CS Update.
4.
Financial scenario Subject to the financial capacity of the Bank, approvals of SG operations in 2010 are estimated at approximately US$2.4 billion. For the same period, total approvals of NSG operations are estimated at US$209 million, and technical cooperation operations at US$15 million.
5.
Country systems At the federal level, the Bank will continue using the following electronic reverse auction systems to procure off-the-shelf goods: ComprasNet and the Banco do Brasil’s system. At the state level, the Bank has also used the electronic system