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The Nexus
POLITICSJun 23 · 09:31 UTCTHE RIO TIMESIolanda Fonseca

Brazil Sends $137 Million to Rio’s Biggest Favelas for Upgrades

The Brazilian federal government committed $137 million (703 million reais) to upgrade three of Rio de Janeiro’s largest favelas: Rocinha, the Alemão complex, and Maré. Rocinha will receive 350 million reais under the signed financing contract.

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