| In line with its global mission, the World Bank's assistance to Brazil is focused on supporting long-term actions that will promote poverty reduction and sustainable growth. This involves investing in people (through health, education and improved public services and transfers), building social inclusion (by empowering people and improving targeting mechanisms), managing natural resources, improving productivity, and stabilizing the economy.
The World Bank has been one of Brazil's partners for over 50 years—supporting programs to manage the economy, invest in people, develop rural and urban areas, build infrastructure, and husband natural resources. We have close relations at the federal level and in many cases at the state levels. We work with the private sector, especially through IFC and MIGA, and with civil society. The World Bank has been here in good times and bad. Our focus is a long term one, even as we address the short-term events that invariably shape the future.
Given Brazil's vast size, The World Bank's role is naturally limited. Our annual investments in the country are only 0.4% of GDP, but as a share of public investments they are a significant 12%. Perhaps more important, as a long-standing partner, we have a role that goes beyond financing. We hope to be helpful in leveraging Brazil's resources, in bringing international experience to bear on its problems, and in getting the most from all the efforts to improve the well-being of the Brazilian people.
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