The Minister of Culture Margareth Menezes participated in the Rio2C event, in Rio de Janeiro, this Thursday, 28th, and presented data on , the result of FGV research commissioned by the federal government. According to the Minister, the law generated R$25.7 billion in the Brazilian economy in 2024.
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“The Rouanet Law is the most sophisticated cultural mechanism that exists and this is recognized throughout the world,” she said. Still according to the research, the law guaranteed 228 thousand jobs and generated R$3.8 million in taxes collected. In 2024, the government invested R$3 million in the Rouanet Law.
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At the event in Rio de Janeiro, the Minister stressed that, despite the gains, the Ministry of Culture has the smallest budget among federal ministries – according to her, the investment represents around 0.4%.
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“We need to ensure that Brazilian society, states and municipalities, are aware of the strength of investing in culture,” she stated. “Our people are highly creative people, they have many stories to tell and we are investing a lot in this in a very serious and responsible way.”
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The Rouanet Law is the longest-running cultural incentive program in Brazil. To obtain the approval of the law, cultural projects send proposals to receive support from individuals or legal entities. In exchange, the federal government offers a tax waiver of the corresponding amount directed to cultural projects.
*The reporter traveled at the invitation of Rio2C.
