ão Paulo in Brazil is one of three major academic research centers that could lose tens of millions of reais held in reserve accounts under proposed legislation aimed at reducing a state budget deficit.
By Ignacio AmigoAcademic researchers in São Paulo, Brazil’s wealthiest and most populous state, are warning that proposed legislation before the state assembly could cripple major universities and long-term research projects.
The state is home to three of the most prestigious universities in Latin America and produces 40% of Brazil’s scientific publications.The bill, which could be voted on as soon as this week, aims to avoid a forecast 10.4 billion reais ($1.9 billion) shortfall in São Paulo’s 2021 budget, caused in large part by the.